^
Keep Westword Free
4
| News |

Carmelo Anthony loses $6 million on house sale: Hope he's happy in NYC (PHOTOS)

Last summer, some observers were still optimistic that Carmelo Anthony might remain a Denver Nugget. But their confidence was shaken when he put his Polo Ridge Estates mansion on the market for $9.5 million. A year later, the spread has finally sold for $6.2 million -- more than $3 million under the asking price and $6 million less than the $12.2 million he paid for it in 2007. And if you think that's funny, Nugs fans, just take a look at the place.

As reported by the Denver Post's Bill Husted, Melo recently described the Colorado housing market as "tough" in a Women's Wear Daily interview. And no wonder, given the bath he took on his spectacular local pad.

The original Kentwood Real Estate listing, which is still online, describes the joint like so:

FAMOUS ATHLETES ESTATE-5.7 GATED ACRES, 21000 MAIN HOUSE WITH 3 SUPPORT BUILDINGS-7 CAR GARAGE-GUEST HOUSE-SOUND STUDIO-6 STALL BARN W/PASTURE-POND-GATED, FENCED-THEATER-GYM-8 BEDROOMS-15 BATHS-PERFECT CONDITION-DEEP WELL.

No question the place is breathtaking. And while the half-price sale won't cause Anthony to go hungry thanks to his $65 million contract with the New York Knicks and blizzard of endorsement deals, he richly deserves the smack he's just been given by the real-estate gods.

I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Denver and help keep the future of Westword free.

Page through photos of the estate below.

More from our Sports archive: "Carmelo Anthony traded: ESPN celebrates NY Knicks, doesn't give sh*t about Denver Nuggets."

Keep Westword Free... Since we started Westword, it has been defined as the free, independent voice of Denver, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Denver with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

 

Join the Westword community and help support independent local journalism in Denver.

 

Join the Westword community and help support independent local journalism in Denver.