Deion Sanders Former 29,000 Square Foot Estate Auctioned Last Night In Prosper for… Just Under $4 Million

Someone sure got a deal.

Here’s what I’ve got officially from Laura Brady, president of Concierge Auctions, who conducted the auction event last night at about five p.m.: there is a contract on the house. There was no reserve (!). There were  8 registered bidders.

“In only five weeks, the auction outreach efforts conducted by Concierge Auctions and Briggs Freeman Sotheby’s International Realty resulted in over 27,000 views of the property video, 356 visitors to the property, and 49 prospect showings,” she said.

Well, of course they did. Put those two together and the marketing magic happens!

Of course you know what I want to know, what we all want to know: who bought it. Trust me, Rome wasn’t built in a day — we shall find all that out in due time.

What I hear is that he is a “person of the arts” in Dallas, yeas, and that he stayed mostly to himself and did not engage in any banter. (That’s because I wasn’t there! No press!) Deion’s signature estate was sold with 9.5 ish acres (checking my last post to be sure…    ) and there were another 24 acres as a sort of buffer that were available to the buyer to pick up should he desire. Not sure yet if that desire was expressed.

Come to think of it. Deion’s old house would make a terrific art gallery, large one at that.

Previously marketed for $21 million, for the house plus 109 acres, Sanders’ home and land was valued at just more than $11.7 million by the Collin County  Central Appraisal District. The home has just about everything a professional athlete could want, including a football field, tennis court, pools (one a lagoon-style), a 12-acre lake, basketball court, gym, barber shop, arcade, bowling alley, a guest house, and a huge theater/screening room, and sauna. There’s also an awards gallery, but the new owner could repurpose that as a wine tasting room or art gallery maybe? Who knows! The 29,000 square foot home contains ten bedrooms and ten bathrooms, a commercial-grade kitchen, and soaring two-story foyer. The master closet is the size of most people’s apartments, actually bigger, and there is a sunken sauna tub in the master bath. Don’t forget the turn-table floor in the foyer to the master bedroom. 

Recall that Sanders sold off 82 acres to a company called Bloomfield Homes, Inc. out of Southlake, in September. According to their website. they are a pretty cool home builder and have won some major accolades: in 2014, Bloomfield Homes was ranked the 7th largest homebuilder in D/FW by Residential Strategies. And Bloomfield being the Seller now, as well as developer, I hope they are very happy campers and celebrating big time tonight.