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Bill Bowerman

Nike co-founder Phil Knight lists La Quinta land parcel for $2.5 million

Nike co-founder Phil Knight lists La Quinta land parcel for $2.5 million

Phil Knight, the billionaire co-founder of sportswear powerhouse Nike Inc., has put a parcel of land in La Quinta on the market for $2.5 million.

Set within Madison Club, a 500-acre private community, the one-acre property overlooks the 13th green of the Tom Fazio-designed premier course. Views take in the fairway, lake and surrounding mountains.

Knight and his wife, Penelope, bought the plot in 2009 for $2.5 million, records show.

Janine Stevens of Bennion Deville Homes is the listing agent.

The listing follows Knight’s April purchase of

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