Lamar Odom slashes $1.65M off price of his Miami mansion

His ex-wife Khloe Kardashian is currently preparing for a life-changing experience and she and her partner Tristan Thompson look forward to the birth of their first child together.

And Lamar Odom has a few big changes of his own in the works, as the basketball player has made a big move to sell his Miami mansion, by slashing the asking price by $1.5million, bringing it from $5.2million to $3.65million.

The slash should still rake in a modest profit for the 38-year-old former basketball player, as he shelled out just under $3million on the palatial six-bedroom, nine bathroom abode back in 2003 when he joined the Miami Heat.

Court your attention? Basketball star Lamar Odom has slashed $1.65million off the asking price for his palatial Miami mansion

Naturally, given his choice of sport, the luxury abode boasts such featured as a fenced off full-sized basketball court in the lush gardens, as well as a glistening outdoor swimming pool.

The light and airy house proves perfect for entertaining, with other features, such as a private cinema, a sizeable home bar and a billiards room. 

While his stint with the Florida team was cut short, with him departing the following year, he opted to retain the property in his portfolio, and listed it for rental for as much as $20,000 per month.

He initially placed the Mediterranean-style home, which sits in an exclusive gated community, on the market for $5.2million, before cutting it down to $4.5million and then $4.1million.

Sale of the century? The price reduction brings the former basketball ace's asking tag down from $5.2million to $3.65million

Sale of the century? The price reduction brings the former basketball ace’s asking tag down from $5.2million to $3.65million

Princess staircase: Guests entering the abode will be greeted by glass double doors, which led to a grand princess staircase

Princess staircase: Guests entering the abode will be greeted by glass double doors, which led to a grand princess staircase

Spacious surroundings: The property will prove perfect for those who like to entertain, thanks to the abundant space on offer

Spacious surroundings: The property will prove perfect for those who like to entertain, thanks to the abundant space on offer

Making the most of the Sunshine State: Given its location in Florida, the home offers the obligatory glistening swimming pool

Making the most of the Sunshine State: Given its location in Florida, the home offers the obligatory glistening swimming pool

According to the Miami Herald, he then transferred the deed to an LLC he controls for $1.89million and took out a $2.45million mortgage on the home.

He put the sprawling estate back on the market in October with an asking price of $3.8million, before cutting it to $3.4million in January and then bucking the price-slashing trend the following month by asking for $3.65million.  

The listing news comes after Lamar expressed support for his pregnant ex-wife with a slew of well-wishes during an interview with Access Hollywood.

Profit: The price slash should still rake in a modest profit for Lamar, as he shelled out just under $3million  abode back in 2003

Profit: The price slash should still rake in a modest profit for Lamar, as he shelled out just under $3million abode back in 2003

Space for visitors: There's plenty of room for visitors, as the home boasts six bedrooms and a jaw-dropping nine bathrooms 

Space for visitors: There’s plenty of room for visitors, as the home boasts six bedrooms and a jaw-dropping nine bathrooms 

Big signing: The house, which boasts a small private cinema, was purchased by Lamar when he signed for the Miami Heat

Big signing: The house, which boasts a small private cinema, was purchased by Lamar when he signed for the Miami Heat

We like to party: For those who like to party, the sprawling property offers a large bar with an extended marble countertop

We like to party: For those who like to party, the sprawling property offers a large bar with an extended marble countertop

The erstwhile NBA star said that he ‘was really happy’ for Khloe after her pregnancy announcement with 26-year-old beau Tristan Thompson – who is also a basketball player. 

‘To tell you the truth, it couldn’t happen to a better person,’ the former Los Angeles Laker said during the interview.

Khloe recently announced her first pregnancy with a baby bump photo shared on Instagram before detailing the reveal on an episode of her family’s show Keeping Up With The Kardashians. 

‘I was really happy for her,’ he continued. ‘If she could take care of a grown man for four years the way she took care of me, I know she could take care of a baby.’ 

Luxury rental: While Lamar's stint with the Miami Heat was cut short after just a year, he retained the home and rented it out

Luxury rental: While Lamar’s stint with the Miami Heat was cut short after just a year, he retained the home and rented it out

Lamar also added that the child will have a lot of love – and gifts – in its life, as he said: ‘That’s gonna be one spoiled ass baby,’ he said.

While Odom expressed joy for his ex-wife, he was saddened to hear during an episode of the reality television show that Khloe only ‘fake-tried’ to have children with her then husband.

‘I was married, but I knew the circumstances weren’t the healthiest so I just kept pretending I was doing it,’ Khloe said during a June episode of the show. ‘When I was doing my fertility treatments, they were more so for Lamar. I had to stop because there was much deeper stuff that was happening in our marriage.’

While he said he understood the comments, he added, ‘That was hurtful, but I was going through some things at the time, so I didn’t really take it too personally.’

Their ill-fated romance began in August 2009 before a wedding one month to the day after meeting. She filed for divorce in December 2013 before the paperwork was finalized three years later in 2016. 

Khloe has been flaunting her growing baby bump in public and on social media since revealing the news earlier this year. 

She recently revealed she is 31 weeks along with her first child with Cleveland Cavaliers basketball player Tristan.

Nice: The 38-year-old former professional basketball player said that he 'was really happy for' Khloe Kardashian after her pregnancy announcement with new beau Tristan Thompson, 26; seen in 2012

Nice: The 38-year-old former professional basketball player said that he ‘was really happy for’ Khloe Kardashian after her pregnancy announcement with new beau Tristan Thompson, 26; seen in 2012

 



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