Lebron James, one of the NBA's newer phenoms, has set a goal to become the first athlete billionaire. As an amazing asset for his portfolio James has decided to build a mansion...er...castle. Hail King James!
"AKRON, Ohio -- LeBron James' 35,440-square-foot house under construction in nearby Bath Township is shaping up as a castle fit for a king -- with a theater, bowling alley, casino and barber shop.
"The house in a suburban location 20 miles south of Cleveland is due to be finished next year. It is being built on 5.6 acres of land purchased, along with an 11-bedroom house, in 2003 for $2.1 million."
Though the price of the house is a relatively small amount when compared to some other markets, 35,000+ square feet is baffling!
I recently posted a blog about a trend to downsize...not when you are an NBA superstar.