Man who bought Michael Jordan's $9.5m mansion reveals extraordinary plan for the property that's available to everyone

The man who purchased one of Michael Jordan’s old houses has revealed that he has an interesting plan for the property.

Jordan, 61, is no stranger to costly properties, given his $3.5B net worth, according to Forbes.

The house in question is in a northern Chicago suburb and sold in December after being on the market for over a decade.

Jordan bought the land in 1991 before moving into the property in 1994 while playing for the Chicago Bulls.

The Highland Park estate was previously listed at an eye-watering price of $14.8m.

However, the closing price was thought to be nearer to $9.5m according to NBC Chicago.

In 2012, it was originally listed for $29m then dropped to $14.8m at the start of 2015.

"NBA Superstar Michael Jordan's seven-acre estate is as legendary as His Airness himself," read the listing description.

"The 56,000 square foot property -- equipped with every conceivable luxury amenity -- is a physical monument to his tireless dedication and hard work.

"The custom-designed property includes a regulation-sized basketball gymnasium, circular infinity pool, putting green, tennis court, and cigar room, each with Jordan's signature touch."

The estate reportedly has nine bedrooms, and 19 bathrooms with the property tax alone costing $148,000 annually.

But now, the man who bought the property is offering shares of the mansion for $1m.

The gates leading up to the mansion (Credit:Getty)

John Cooper, a real estate executive, has dubbed the mansion “Champions Point” which will now be available for one-week stays that could see 20 guests accommodated.

“Our goal is to create a shared experience where co-owners can enjoy unparalleled amenities and also the sense of connection and community that comes with it,” said Cooper [via NBC].

“By preserving the property's original prestige while integrating modern technology, we're ensuring that Champions Point continues to be a place where extraordinary memories are made for years to come."

And for an additional cost, luxury add-ons are available including private chefs, food and drink, luxury transportation and more will be available during a stay.

Bidding has reportedly already began, with each party limited to purchasing one share each. According to ABC 7 News, Jordan also sold a Chicago-based condo for $6.82m in 2023.