Wednesday, July 25, 2018

Reality TV Knockout? Buy UFC’s $5M ‘Ultimate Fighter’ Mansion in Las Vegas

UFC house

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Facing an uncertain future on the airwaves, the producers of UFC’s “Ultimate Fighter” show have put the mansion where they’ve filmed the past few seasons on the market for $5 million.

Located in Las Vegas, the 9,500-square-foot, nine-bedroom, 12-bath home last traded hands in mid-2014 for $2.75 million, which means the UFC could turn a $2.25 million profit if it gets the full asking price.

“Ultimate Fighter” debuted on Spike TV in 2005, as the UFC was still wobbling and unsteady. Its new owners had picked up the struggling brand in 2001 for $2 million—and went on to lose $44 million over the next three and a half years, according to news reports at the time.

UFC President Dana White needed a marketing boost to vault the circuit into the pop culture mainstream. He found that in “The Ultimate Fighter,” which put up-and-coming mixed martial artists in the same house, competing in a series of elimination matches to win a six-figure contract with the UFC.

The show was an instant success, and over the past 27 seasons, some of the sport’s most recognizable names have competed on the show, notably Forrest GriffinMichael Bisping, and Rashad Evans.

ExteriorAerial view

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Built in 1996 on a little over 2 acres, the oversize mansion features a grand porte-cochère and plenty of space for guests to park. We imagine it’s seen its fair share of Lamborghinis, Ferraris, and Bugattis.

Double doors open to a two-story, circular foyer with Roman columns. The home’s previous owner had commissioned a pastoral mural on the ceiling above the foyer, with recessed lighting to show the mural’s intricate details, according to a listing video from 2015.

FoyerFoyer

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Just off the foyer is the open-concept kitchen and living room, which has large, arched windows looking out on the backyard.

Living room and kitchenLiving room and kitchen

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It appears the UFC renovated the kitchen, replacing its black countertops with a lighter stone, painting its cabinets and island, taking out a chandelier, and replacing drapes with modern shades. It turned the home’s formal dining room into a pool hall, with a custom, UFC-branded pool table, and large art prints of past UFC champions.

Dining roomDining room

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Master bedroomMaster bedroom

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Master bathroomMaster bathroom

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Outside, the home has a walk-in pool with stone waterfall, gazebo, and kitchen. Palm trees and walkways give the property a resortlike feel.

The mansion is located west of the Las Vegas Strip, a 20-minute drive from the “Welcome to Fabulous Las Vegas” sign.

PoolPool

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BackyardBackyard

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In 2011, UFC signed a seven-year deal that moved the show to Fox. Five years later, the UFC was acquired by the talent agency William Morris Endeavor for $4.2 billion.

The UFC’s contract with Fox ends this year, and the organization will move to ESPN. White said it’s unclear if “Ultimate Fighter” will find a new home under the Disney umbrella. He’s credited the show with saving the UFC, helping turn the organization into a multibillion-dollar global juggernaut.

“It’s amazing to think how close we came to not being here today,” White recalled in 2008, at an “Ultimate Fighter” reunion show. “If it weren’t for what these guys did, I don’t know if there would even be a UFC. I’ll never forget these guys, ever.”

The post Reality TV Knockout? Buy UFC’s $5M ‘Ultimate Fighter’ Mansion in Las Vegas appeared first on Real Estate News & Insights | realtor.com®.



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