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NBA vet Jason Terry is ready to cut a deal. The Milwaukee Bucks point guard owns a huge home on beautiful Mercer Island—just outside Seattle—that he’s been trying to sell since 2013. Now the man nicknamed “Jet” has cut the price on the estate to $2.38 million, down from its initial $2.5 million asking price.
Terry, a Seattle native, bought the three-story home in 2004 for $2.36 million. It has more than 6,000 square feet, six bedrooms, five-and-a-half bathrooms and sits on a lush, nearly three-acre lot with a private gated entrance.
The upper level includes a master suite with a fireplace, and three additional bedrooms with adjoining bathrooms. The lower level has a guest suite and media room. The home also includes two laundry rooms, wine cellar, and an elevator.
Elevator
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The interiors are elegant, understated, and fairly formal with graceful wood floors and tons of molding and refined touches throughout. The entryway is particularly striking.
Entry
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The home’s many pillars support patios that wrap around the home, and the curved walls are striking from the inside, giving the home both elegant lines and tons of light.
Curved wall
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Quite apart from the home’s beauty, it’s only a 15-minute commute to downtown Seattle. The location, combined with the hot Seattle housing market, should join forces to finally encourage a buyer to step forward.
When the home went on the market in 2015 for $2.4 million, Terry could have eked out a small profit. Now he’s on the hook for a possible loss on the property.
Terry, 40, was a first-round draft pick of the Atlanta Hawks in 1999. He won an NCAA National Championship with the University of Arizona in 1997, was honored as the NBA’s Sixth Man of the Year in 2009, and won an NBA Championship with the Dallas Mavericks in 2011. Now in his 17th season, he’s serving as a veteran presence on the bench for a young and talented Bucks squad.
Exterior
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The post Milwaukee Bucks’ Jason Terry Slices Price on Mercer Island Mansion appeared first on Real Estate News & Insights | realtor.com®.
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