L.A. Clipper Chris Paul may be quick down the court but he really moves like lightning when it comes to buying real estate.
The All-Star has bought the Bel-Air home of singer-songwriter Avril Lavigne for $8.495 million after only three days in escrow, the Multiple Listing Service shows.
The Mediterranean-style house, sitting on more than half an acre in a gated community, came on the market in May at $9.5 million and had been reduced to $8,999,999.
The 12,184-square-foot home, built in 2003, features Venetian plaster, wood-framed doors and windows, a two-story foyer, a wine cellar and tasting room, a gym, eight bedrooms and 101/2 bathrooms. A long eat-at counter off the open-plan kitchen can accommodate a starting lineup. The grounds include an expansive lawn, a swimming pool with spa, an outdoor covered living room and built-in barbecue/kitchen. There is garage parking for 10 cars.
After a trade to the Lakers was killed by the NBA twice last month, the 26-year-old point guard was signed by the Clippers. The former New Orleans Hornet will earn $16.3 million his first season with the Clippers and $17.7 million the next when he picks up his option. He was the NBA rookie of the year in 2006 and an NBA all-star for four consecutive years since 2008.
Lavigne, 27, released her latest studio album, "Goodbye Lullaby," this year and is working on her fifth album. Her four-time platinum debut album, "Let Go," was released in 2002.
She and her then-husband, Sum 41 singer-guitarist Deryck Whibley, bought the house in 2007 for $9.5 million.
Jade Mills and Zach Quittman of Coldwell Banker, Beverly Hills South, were the listing agents. Ikem Chukumerije of Sports Relocation represented Paul.Copyright © 2014, Los Angeles Times