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Chris Bosh drops price on hilltop estate in Pacific Palisades

Chris Bosh drops price on hilltop estate in Pacific Palisades
Miami Heat all-star Chris Bosh has priced his Pacific Palisades home at $11 million, down from $12.5 million. (Redfin | Inset: Associated Press)

Could a spring buyer be in the cards for Chris Bosh?

Following in the footsteps of former teammate LeBron James, who made a $2-million price adjustment to his waterfront Florida estate earlier this month, the Miami Heat forward-center has chopped $1.5 million off the asking price for his mansion-estate in Pacific Palisades.

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Reduced to $11 million, the villa-inspired Mediterranean takes in expansive canyon and views from a 1.45-acre promontory in Pacific Highlands. The home, built in 2001, is highlighted by large formal areas, a gourmet kitchen, a library/office, a wine cellar, six bedrooms and eight bathrooms in nearly 10,800 square feet.

Among amenities is an entertainment level featuring a game room, a sports bar and a home theater. The master suite sports a private sitting room, a gym, a soaking tub and expansive walk-in closets.

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Walls of glass open to grounds containing infinity-edge pool with a spa, a swim-up bar and a lounge with a fire pit. Various entertainer's spaces, covered patios, tall palms and a large expanse of grass complete the resort-like setting.

Bosh, who owns other property in Miami Beach and Texas, purchased the home in December 2012 for $9.4 million, records show. In addition to the new asking price, it is also available for lease at $45,000 a month.

Shen Schulz of Sotheby's International Realty is the listing agent.

Bosh, 31, was ruled out for the remainder of the season in February after developing blood clots on one of his lungs. A two-time NBA champion, he has earned 10 consecutive All-Star nods in 12 seasons with the Raptors and Heat.

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Twitter: @NJLeitereg

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