Million Dollar Listing: Michael Jordan's Iconic Mansion Now Offers High Net Worth Collectors Fractional Ownership
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As a collector who’s always searching for unique memorabilia, my passion often takes me beyond cards and autographs and straight into the heart of the extraordinary. So, when I heard that Michael Jordan’s legendary Highland Park mansion is now offering co-ownership (or sometimes known as "fractional") shares, I knew this wasn’t just any piece of residential property, it’s rather a piece of sports history highly elite sports collectors now have an opportunity to actually own.
Jordan’s Champions Point estate, isn’t just any mansion, it’s a physical embodiment of the GOAT’s unmatched legacy. Purchased for $9.5 million by commercial real estate executive John Cooper in December, the mansion is now being transformed into a one-of-a-kind opportunity for fans, collectors, and investors. Co-ownership shares are up for grabs, with bidding starting at a cool $1 million for each share.
Here’s why this excites me: owning a share of this estate is like having the ultimate Jordan collectible, but supersized. It’s not just something to display, it’s something you can live in, even if it’s just for one week a year. Each co-owner gets exclusive access to the mansion for their designated week, allowing them to host up to 20 guests in style.
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Whether it’s lounging in the circular infinity pool, shooting hoops on the regulation-size basketball court, or unwinding in the cigar room, this property oozes luxury and nostalgia for Michael Jordan fans from all walks and all cultures.
For memorabilia lovers, the exclusivity makes it even more enticing. The property spans 8.4 acres and boasts 15 full bathrooms, a putting green, a tennis court, and a staggering amount of square footage (between 32,683 and 56,000, depending on who you ask). Every corner of this estate whispers stories of MJ’s unparalleled career, even though the official release doesn’t mention his name.
Michael Jordan, Shaquille O’Neal, and the Hall of Fame Lineup of the 1992-93 Beam Team
What’s especially thrilling is the ownership model itself. This isn’t just an Airbnb-style rental. It’s deeded ownership, with a structured process for reselling shares in the future. Yes, there are costs involved such as the fact co-owners are to cover 2% of annual expenses (around $25,000) and pay extra for additional stays or events. But for collectors like me, the value goes far beyond the numbers.
Imagine the bragging rights. Not only could you host your friends or your family in a mansion fit for the greatest basketball player of all time, but you also gain a permanent connection to Jordan’s legacy. Every time you step into that basketball gymnasium or admire the iconic “23” gate, you’re stepping into history.
Of course, the logistics still have hurdles. Highland Park’s municipal code has restrictions on short-term rentals, but this arrangement, classified as deeded ownership, sidesteps those issues. Owners are also expected to sign NDAs and agree not to use photos or videos for commercial purposes, preserving the estate’s exclusivity.
For collectors who love blending fandom with high net worth investments, Champions Point is the ultimate crossover. It’s a symbol of how far the world of sports memorabilia has come, from chasing player autographs to owning a piece of a legend’s life on and off the court.
So if you’ve ever dreamed of owning something that bridges the gap between luxury, legacy, and your love for sports, this might just be your holy grail, because when it comes to Michael Jordan, owning even a fragment of his greatness is worth its weight in championship rings.