Wilt Chamberlain’s L.A. Mansion Bounces Back Onto the Market With Another Big Price Cut

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This notable Los Angeles estate has rebounded onto the market—with yet another price reduction.
Built for basketball legend Wilt Chamberlain, the massive dwelling is taking another shot at attracting a buyer.
The enormous, five-bedroom residence was listed for $19 million in 2018 and bounced back last year for $14.9 million. Now, it has returned at $11,995,000—a 37% discount on the original price.
Architect David Rich designed this special retreat for Chamberlain in 1971. But it was remodeled in 2008 by owner Dmitri Novikov, who souped up the kitchen with stainless appliances and modified the lower level to include guest bedrooms and a media room.
Dubbed the Big Dipper, Chamberlain once kicked back and relaxed in this gorgeous space. Have a look at the luxury!

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Spread over 9,300 square feet and inspired by the designs of Frank Lloyd Wright, this one-of-a-kind home is tucked behind massive gates and sits atop a high, rocky cliff.
Maximum privacy is all but assured, as the 2.5-acre property sits at the end of a cul-de-sac. Verdant gardens of lush plantings are also part of the extravagant package.
Gorgeous views of the ocean and Stone Canyon reservoir are nearly as jaw-dropping as the five-story living room inside. This glass and stone, brutalist castle contains 200 tons of stonework and offers every modern amenity, including a media room, billiard room, home gym, sauna, outdoor kitchen, and tons of space to entertain.
But perhaps the most stunning aspect of this home—and one that can’t be replicated elsewhere, since codes have changed and it’s no longer allowed—is the swimming pool. This body of water actually surrounds the house and flows into the living room!
Also of note: The front door is 14 feet high and tips the scales at 2,000 pounds.

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Chamberlain, who died in 1999, joined the NBA in 1959 and starred for for 14 seasons. He still holds the record for the most points in a single game—100, in 1962.
The post Wilt Chamberlain’s L.A. Mansion Bounces Back Onto the Market With Another Big Price Cut appeared first on Real Estate News & Insights | realtor.com®.
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