Lisa Mailhot | January 28, 2025
Buyers
After sitting on the market for over a decade, Michael Jordan’s Highland Park estate, Champions Point, is now transforming into a one-of-a-kind co-ownership opportunity. For sports enthusiasts and luxury buyers alike, this is your chance to own a slice of basketball history—starting at $1 million, plus 2% annual expenses.
Built in 1994, Champions Point is a sprawling 32,000-square-foot estate that radiates Michael Jordan's legendary legacy. Nestled on 7.39 acres, the property features:
Co-ownership of this iconic property starts at $1 million, with annual expenses estimated at $25,000. Buyers can purchase a single share, giving them exclusive use of the estate for a portion of the year.
This isn’t just a luxury purchase—it’s an experience. Co-owners will have the opportunity to:
John Cooper, a Chicago-area investor who acquired the estate for $9.5 million, emphasized its vision:
“Our goal is to create a shared experience where co-owners can enjoy unparalleled amenities and also the sense of connection and community that comes with it.”
Privacy is a top priority at Champions Point. Co-owners must sign nondisclosure agreements (NDAs), ensuring discretion for all guests and events. While photos and videos are allowed, restrictions apply to maintain the property’s exclusivity.
Co-ownership also offers future flexibility—owners can sell their shares, potentially turning this luxury investment into a profitable asset down the line.
Michael Jordan’s Champions Point isn’t just a mansion—it’s a legacy. Whether you’re looking to immerse yourself in a luxury lifestyle, host unforgettable events, or connect with a community of like-minded enthusiasts, this co-ownership opportunity is a game-changer.
Thinking of moving to Orange County or upgrading your real estate portfolio? Let’s connect to explore your options and bring your dreams to life!
Reference: Hammiel, Richelle. "Co-ownership of Michael Jordan’s former mansion starts at $1M." Inman Connect, January 14, 2025.
Nearly three-quarters of U.S. homeowners say they’d rather be home than anywhere else. In this blog, we explore how Americans feel about their homes, what it takes to … Read more
Despite a recent dip in mortgage rates, homebuyer enthusiasm remains muted as loan applications fell and canceled purchase contracts surged. Learn what this means for … Read more
Home listings across the U.S. have hit a record-breaking $698 billion, with nearly half sitting unsold for over 60 days. As supply outpaces demand, home prices may soo… Read more
Zombie foreclosures—vacant homes abandoned during the foreclosure process—are creeping back into the housing market. These neglected properties are rising in states li… Read more
Investor interest in condos has taken a sharp dive, hitting the lowest point in a decade. This shift—driven largely by market conditions in Florida—could signal new op… Read more
Mortgage applications declined for the second consecutive week amid rising interest rates, signaling a national cooling in housing demand. Discover what’s driving thes… Read more
The multifamily market is facing a major financial restructuring with rising interest rates, distressed properties, and declining valuations. Discover why these shifts… Read more
With rents rising and housing shortages worsening, micro-housing is emerging as a practical and affordable solution in cities across the U.S. Learn how these compact h… Read more
Despite fears, Trump's new tariffs haven’t ignited inflation—yet. While some economists warn of delayed price hikes due to supply chain disruptions, others point to co… Read more
Let's find a time that suits you best to chat about your goals, show you how we work, and figure out how we can help you the most