Michael Jordan Sells Highland Park Mansion For $9.5 Million With Katherine Malkin As The Broker

The property involved in the transaction is a single-family home located at 2700 Point Drive in Highland Park. It spans 8.4 acres and has a total square footage of 32,683, with a price per square foot of $291. The sale was finalized for $9,500,000.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $9,500,000
• Address: 2700 Point Drive
• Market: Highland Park
• Acres: 8.4
• Square Footage: 32,683
• Price Per Square Foot: $291
• Seller: Michael Jordan
• Broker: Katherine Malkin - Compass

This transaction highlights Michael Jordan's decision to sell his Highland Park mansion after 12½ years of ownership. Katherine Malkin represented the seller in this deal. The mansion was initially listed for $29 million in 2012 and had a final asking price of $14.855 million before being sold.