09 2008

ALLEN IVERSON drops the PRICE of his 14,000sq. ft. HOME in PA


POST by NVus

The recession is in full force as even the RICH find it hard to maintain.

Denver Nuggets guard Allen Iverson has been looking to sell his 14,000 square foot home in Villanova, Pennsylvania for over a year now.

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.)

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…FOR MORE DETAILS ON THE HOUSE & PICS [CLICK HERE]

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