NBA star Ben Simmons shot wide of the hoop by selling his Hidden Hills mansion at auction for $12.1 million, excluding fees — $5.4 million less than he paid for it three years ago.
Simmons, a point guard for the Brooklyn Nets, sold the 12,000-square foot home inside the gated city popular with celebrities at 24350 Bridle Trail Road, Realtor.com and Global Mansion reported. The buyer was undisclosed.
The farmhouse-style estate gavelled for $13.55 million, including a 12 percent buyer’s premium, or $12.1 million without fees.
An affiliate of the Australia-born dribbler bought the newly built home in 2021 for $17.5 million.
Simmons initially listed it in May 2022 for $23 million, dropped it to $21.5 million, then yanked it off the market. He then relisted it at $18.5 million last spring before ratcheting it down to $17.5 million before setting it on the auction block with no reserve.
Bidding began on April 18, and the estate sold before the auction closed, with Simmons accepting an appealing bid, a representative of Concierge Auctions, which handled the sale alongside the Beverly Hills Estates, told Global Mansion. The deal closed on May 16.
The seven-bedroom, eight-bathroom estate, designed by Nobel LA, includes a modern farmhouse and guest house on 1.5 acres.
The mansion, made of reclaimed wood and charcoal-colored brick, has doubled-vaulted wood ceilings, walls of glass and a floating brass fireplace that divides a living room with marble floors and a formal dining room.
The house has two kitchens: a marble and wood showcase and a professional chef’s kitchen.
The master bedroom has a fireplace, sitting area and a spa bath with stone vanities, soaking tub and steam shower. There’s also a home theater and a large gym.
Outside, there’s a pool and spa, fire pit and barbecue station, cabana with a game room, dining area and the one-bedroom guest house with a plunge pool.
Simmons, 27, was the No. 1 draft pick in the first round in 2016, but has struggled with injuries throughout his career. He played for the Philadelphia 76ers until his trade to the Nets in 2022.
In 2021, the then Sixer listed his 10,500-square-foot mansion in Moorestown, New Jersey, for nearly $5 million. He had purchased the property two years earlier for $2.3 million.
In 2022, the beleaguered superstar bought two side-by-side condominiums with 5,000 square feet in Brooklyn, which had an asking price of $13 million.
— Dana Bartholomew
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Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
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