Got $16 Million? You Can Buy Scottie Pippen's House

We are in an economic recession; homes are being foreclosed, people are still out of work.↵↵

But in the upper echelons, money appears to be no object. Bulls Hall of Famer Scottie Pippen, who bought a Ft. Lauderdale, Fla. mansion in 2000 for a little over $1 million, has put the 10,000-square foot home on the market for $16 million.

↵↵

In the understatement of the year, Barbara Panton, Pippen's real estate agent, said it might be a tough sell:

↵↵
"There are not that many ready buyers," she said.
↵↵

Well, duh. The article says the average time on the market for a home of that size and expense is three to four years; Hall of Fame quarterback Dan Marino, who had a home in that general area, had it on the market for five years -- and then took "only" $7.2 million for it, half the asking price. (Yeah, I know -- you're feeling real sorry for him.) There's another issue with Scottie's house:

↵↵
One Broward County real estate broker says Pippen and wife Larsa, star of The Real Housewives of Miami, have an especially tough sell because the house was built on a double lot and looks across a canal. It’s a magnificent home, but it should have been built closer to the Intracoastal Waterway, the broker said.
↵↵

Good luck with the sale, Scottie. Maybe that's why he took a position on the Bulls' broadcast team for the playoffs. Think he might need the money?

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Chicago

You must be a member of SB Nation Chicago to participate.

We have our own Community Guidelines at SB Nation Chicago. You should read them.

Join SB Nation Chicago

You must be a member of SB Nation Chicago to participate.

We have our own Community Guidelines at SB Nation Chicago. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.