Scottie Pippen's Highland Park Mansion Under Contract For $2.65 Million With Ting Zhang As The Broker
3393 Old Mill Road North
$2,650,000
$265/SF
Building Size
10,000 SF
Asset Type
Single Family
Closing
Oct 7, 2024
AI
A 10,000-square-foot single-family home at 3393 Old Mill Road North in Highland Park has recently gone under contract for $2,650,000. The property spans 2.9 acres and is equipped with an indoor basketball court, a theater, and an infinity pool, featuring numerous luxury amenities.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,650,000
- Address: 3393 Old Mill Road North
- Market: Highland Park
- Square Footage: 10,000
- Price per Square Foot: $265
- Previous Sale Price: $1,800,000
- Current Owners Purchased in: 2021
- Listed Price in December 2023: Just under $2,700,000
- Final Listed Price Before Contract: $2,650,000
- Date Under Contract: September 24, 2024
Ting Zhang of @properties Christie's International Real Estate is managing the sale of Scottie Pippen's former Highland Park mansion, which has a historical significance due to its previous ownership. The property found its current owners after its sale in 2021, and it returned to the market in late 2023 before reaching the current contractual agreement.
Highland Park Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93