NBA player Ben Simmons cops big loss on his Hidden Hills farmhouse mansion
The Melbourne-born NBA player has finally sold his modern farmhouse at auction, but he walks away with millions less than he started with.
The hammer has finally come down on NBA player Ben Simmons’ Southern California mansion, resulting in a multimillion-dollar loss for the Aussie-born baller.
Simmons bought the Hidden Hills modern farmhouse in 2021 for $26.8m ($17.75m).
A year later, he put it back on the market for $34.8m (US$23m).
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Over the next 18 months, the price was trimmed to a price similar to what Simmons paid for it at approximately $26.5m (US$17.49m), but still had no bites.
Eventually, Simmons and his real estate reps decided to put the seven-bedroom residence that sits on nearly 1.5 acres for a no-reserve auction.
The final sale price when the gavel fell was $18.3m (US$12.1m), excluding fees — resulting in a more than $8m loss.
This ultra-modern 1,110 sqm farmhouse was designed by the architectural firm Nobel LA, featuring reclaimed wood and exposed beams as well as soaring 12m+ high ceilings, glass walls, and a floating, brass fireplace.
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There are two kitchens in the home, one marble and one wood, and the main bedroom boasts a fireplace, sitting area, and spa bath, a soaking tub, and a steam shower.
Other amenities include a home theatre and a large gym.
In the back yard, there are a pool, barbecue station, fire pit, cabana with a game room, and a stunning one-bedroom guesthouse that comes with its own private plunge pool.
Simmons, an Aussie who was the top overall draft pick in the first round in 2016 NBA draft to the Philadelphia 76ers, has struggled with injuries throughout his career.
He’s currently a member of the Brooklyn Nets, but only playing 15 games this season due to injury.
He has made no indication whether would put his hand up for selection for the Australian Olympic basketball team at the upcoming Games in Paris.
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Originally published as NBA player Ben Simmons cops big loss on his Hidden Hills farmhouse mansion
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