Hall of Fame basketball player Mitch Richmond has passed his estate in a gated Calabasas community to a new owner for $7.88 million.
On and off the market for the better part of three years, the single-story custom home relisted last year for $8.495 million and was more recently priced at $8.25 million, records show. Richmond bought the property of more than two acres over a decade ago for $1.7 million.
Set at the end of a cul-de-sac, the 2006 Mediterranean contains a highlight reel’s worth of features: a full-sized gym, a home theater with stadium seating, and a wine cellar with a tasting room. A separate entertainment wing decorated in NBA memorabilia has a curved wet bar and game room.
Elsewhere in the 12,953 square feet of space is a center-island kitchen with enough seating for a starting lineup of five, a great room and formal living and dining rooms with vaulted ceilings.
The master suite has a fireplace, a glass-enclosed shower and a soaking tub for a total of six bedrooms and eight bathrooms. There are five fireplaces in all.
Outdoors, the landscaped grounds center on a lavish swimming pool with a beach entry, a raised spa, a swim-in grotto and a waterslide. A basketball court, a fire pit, covered patios, tall palms and formal landscaping round out the resort-style setting.
Marc and Rory Shevin of Berkshire Hathaway HomeServices California Properties were the listing agents.
Richmond, 50, played 14 seasons in the NBA for the Golden State Warriors, Sacramento Kings, Washington Wizards and Los Angeles Lakers, making six all-star teams. The scoring guard out of Kansas State twice medaled at the Summer Olympics, including a gold medal in 1996 as part of "Dream Team III."
He currently works as an assistant to the men’s basketball program at St. John’s University, where former NBA teammate Chris Mullin is the head coach.
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