Sports Celebrities Lead High-Profile Real Estate Transactions in 2023

In the illustrious world of sports, 2023 marked a year of bustling property transactions, with some of the most significant deals etched by the industry’s biggest names. Leading the scoreboard was Chicago Bulls’ Zach LaVine, whose $34 million purchase of a Newport Coast estate set a new high in Pelican Crest’s history. Following suit was Los Angeles Rams quarterback Matt Stafford, who carved a new record in California’s Hidden Hills with a $28.2 million acquisition.

A Glimpse into the High-Profile Real Estate Market

The year’s activity was a testament to the luxury real estate market’s vibrancy, with sports celebrities involved in numerous high-profile real estate deals. Former Pittsburgh Steelers quarterback Terry Bradshaw notably sold his Oklahoma ranch for an estimated $22.5 million. Simultaneously, former Milwaukee Bucks guard Goran Dragic listed his Biscayne Bay home for $18.3 million. The top five transactions were rounded off by University of Alabama football coach Nick Saban’s $17.5 million oceanfront residence purchase in Jupiter, Florida.

More Significant Transactions

Other noteworthy transactions involved Justin Verlander’s $16.7 million NYC penthouse, Jason Kapono’s $13.5 million Texas waterfront listing, and Chipper Jones’s $11 million Georgia mansion sale. Jared Goff’s $10.5 million California purchase and Roger Norman’s $10.3 million Nevada mega-mansion sale also made headlines. These transactions underscored the growing trend of NFL stars emerging as strategic property asset buyers.

Alec Baldwin’s Hamptons Home Sale

Among the flurry of high-profile transactions, actor Alec Baldwin also sought to sell his nearly $19 million Hamptons home. The property, boasting of a home theater, a wine-tasting room, and a wood-paneled library among its luxurious features, was put on the market for $29 million in November 2022. However, the price has since been adjusted downward.

The year 2023, thus, spotlighted a unique intersection of sports and luxury real estate, with sports celebrities marking their territories in some of the country’s most sought-after locations.