Former NBA Star Cuttino Mobley Lists Beverly Hills Home for $3.1 Million
Cuttino “Cat” Mobley, whose NBA career was cut short by a heart condition as he was heading into his 12th season, is back to playing the real estate game. For the past four years, Mobley has been trying to sell his home in the Beverly Hills real estate market without much luck.
Now, it looks like Mobley’s home is back on the market for $3.1 million, a huge price drop from the $3,995,000 listing price back in September 2007 and less than his purchase price of $3,650,000 in 2005. Luxury homes are not immune to the drama of today’s real estate market—median Beverly Hills home values have dropped 4.7 percent.
The 6,208-sq ft Mediterranean-style home, built in 2005, has 5 bedrooms and 5.5 bathrooms. Plus, the master bedroom offers mountain views and the master bath has a spa and steam room. Other features include huge walk-in closets, gourmet kitchen, imported stone, hardwood floors throughout and refrigerated wine cellar. French doors open to pool, spa and grassy yard.
Cuttino bounced around in his NBA career, starting with the Houston Rockets in 1998 where he played six seasons before being traded to the Orlando Magic in 2004. He lasted just 23 games with the Magic before he was traded to the Sacramento Kings. There, he finished out the season before being traded to the Los Angeles Clippers where he played for three seasons and part of a fourth before he was traded to the New York Knicks in 2008. During his medical evaluation for the Knicks, he was diagnosed with a heart ailment — hypertrophic cardiomyopathy (enlarged heart), which is the “same condition that took the lives of Reggie Lewis and Hank Gathers,” according to ESPN.
Since Mobley retired from the NBA, he has pursued altruistic opportunities (funded an AAU team in Philadelphia; built a basketball court in Africa, established a foundation in Philadelphia that helps single mothers and homeless kids) and has also explored wellness-type business ideas, such as opening a medical marijuana dispensary in Rhode Island. Why Rhode Island? That’s where he starred for the University of Rhode Island college basketball team in the 1990s and is a state “…that helped him at a vulnerable time in his life, this state that saw him go from a young, unstructured kid to someone who grabbed the basketball dream and has made the most of it.”
The listing is held by Rona Kaufman of Teles Properties.
Former NBA Star Cuttino Mobley Lists Beverly Hills Home for $3.1 Million |Los Angeles-Platinum Triangle-Beverly Hills Real Estate-90210-Bel Air-Holmby Hills-Sunset Strip-Hollywood Hills-Luxury Estates-Mansions-Celebrity Homes-Homes For Sale-Listings-Realtor-Real Estate – http://www.ChristopheChoo.com