Allen Iverson's House for Sale
For sale: Allen Iverson's six-bedroom home in Villanova, PA

Unbeknownst to me, Denver Nuggets guard Allen Iverson has been looking to sell his 14,000 square foot home in Villanova, Pennsylvania for over a year now. (A.I. usually calls me about such matters. I thought I had his financial ear.)
According to the Wall Street Journal's Private Properties column, Iverson has dropped the price to a "desperation deal" of $3.999 million — a million less than he paid for it in 2003. (/crunches numbers on calculator watch.) Yep. That's not good business. The details, via Luxist:
The six-bedroom home is on four acres that include a pool house, stream and waterfall. The chateau-style home on Chateau Lane has four levels including a great room with floor-to-ceiling Palladian windows. The master suite has his and hers marble bathrooms, a coffee bar, media area and a veranda overlooking the grounds. There are four additional en-suite bedrooms and a separate guest quarters with a bedroom, living room and kitchenette. The entertainment level has a 12-seat movie theater, billiard room, and a lounge with a custom wood carved bar accommodating 200+ wine bottles.
If you're interested in purchasing this perfect little getaway pad, you can check out the listing here.
If you're seriously interested in purchasing this perfect little getaway pad, I could really use a new winter coat. Please share your riches. I accept Paypal.





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Thanks for interesting article. I will take into consideration.
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thanks for this nice info.
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If the price goes down to $1M, I'm buying it.
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That's probably the service he payed for. Dropping the price form $5 million to $4 million is a lot, he can't hope now for a better deal, the least he can do is to get his Realtor to do his job.
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Mortgage rates are low but still its really hard to buy a house on mortgage as no one knows when you will lose your job
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There are numerous pitfalls when selling a home in the current market. For instance, one might think that a sale is imminent, and the buyer has agreed to a price but then around come the valuer from the lender and down value it. The buyer cannot get the mortgage, and pulls out of the sale. To avoid such situations, people sometimes look around for national homebuyers who buy properties for cash quickly.
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thanks for you share,very much!
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thanks for you share,
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Thanks for share good source
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I would love to buy this house. How much it cost now. I am giving Abu Dhabi rent apartment if any one is moving there.
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Thanks for share nice source
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Thanks for taking time to help
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My God $240000 is a lot of money, these realtor's do make a lot of bucks, my friend is a realtor who deals in Melbourne Apartments and he is rolling in dough right now.
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Poor Allen, I am sure he is really sad on selling such a lavish house and that too on a lose of $1 million, I wonder how much the furniture removal company will charge?
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Wow the description of the house makes it look like a palace, and with a price tag of $4 million it has to be one. I am sure even a small thing like a roller blind must be designer.
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Thats cool...
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I am not feeling to sorry for the guy. He has so much money he should just give that house a way.
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That is very true. I wish I was getting the commission off his house.
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