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Price reduced on mansion of ex-New York Mets star Lenny Dykstra

ForeclosuresHomesBankruptcyMarketingFinancially Distressed CompaniesNew York MetsPaulina Gretzky

The one-time home of ex-New York Mets star Lenny Dykstra is back on the market in Thousand Oaks, reduced to $14.995 million from the $18.75 million it was listed for in June.

Hockey great Wayne Gretzky sold the 6.5-acre compound to the former World Series champ in 2007 for $18.5 million, according to the Multiple Listing Service. As the housing bust took hold and his financial problems deepened, Dykstra unsuccessfully tried to sell the mansion, ultimately losing it to foreclosure two years ago on the steps of the Ventura County courthouse during bankruptcy proceedings.

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This week an additional 6.5 months for federal bankruptcy fraud was tacked onto Dykstra’s three-year state prison sentence for auto theft. He pleaded guilty to looting the mansion of valuables before creditors could liquidate them and was ordered Monday to also pay $200,000 in restitution and perform 500 hours of community service, The Times reported.

Household items including chandeliers, mirrors and a $50,000 sink were removed from the nearly 11,000-square-foot house, according to federal prosecutors.

The seller is Thomas J. Barrack’s Tobar Properties, which bought the Sherwood Country Club-area mansion last year for an undisclosed amount. Barrack, a real estate and private equity billionaire, is the chief executive of Colony Capital.

ALSO:

Celebrities and the wealthy find ways to keep home sales secret

Former Mets star Dykstra sentenced for federal bankruptcy fraudHouse that Lenny Dykstra lost to foreclosure is listed at $10.5 million

 

 

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