WHEN Mike Tyson was declared bankrupt in 2003, he was forced to sell up.
With reported debts of $22.9million, his prized home in Connecticut was one of his first possessions to be sacrificed.
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Mike Tyson’s former home in ConnecticutCredit: Douglas Elliman Real Estate
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In 2003, Tyson was forced to sell the property for $4m after declaring bankruptcyCredit: Douglas Elliman Real EstateAnd it would’ve been a bitter pill for the 55-year-old to swallow, looking at this mega mansion.
Boasting 52 rooms, including 21 bedrooms, as well as its own nightclub the property is as lavish as Tyson has ever owned.
But it was needs must for the heavyweight boxing legend and in came rapper 50 Cent who bought it from him for $4.4m the same year it was revealed he blew his fortune.
PROPERTY DEETS
When the In Da Club singer bought the house from Tyson, it set a record for the most expensive home ever sold in the area of Farmington – and it’s easy to see why.
Along with those 21 bedrooms we mentioned earlier, the 50,000-square-foot abode has a 25 bathrooms, an indoor pool and hot tub, an indoor court, multiple game rooms, a green-screen room, and a recording studio.
And the opulence doesn’t end there.
Entering the property through a stately front gate, you’re greeted by a lion statue.
Walking into the home on the marble floor, a duelling wood-panelled staircase leads you to another level of the property.
As can be seen, the decor is as lavish as it gets throughout the property.
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At the entrance of the property you’re faced with opulent gates and a statue of a lionCredit: Douglas Elliman Real Estate
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Two staircases lead you to the first floorCredit: Douglas Elliman Real Estate
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The ground floor features marble floorsCredit: Douglas Elliman Real Estate
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The master bedroom offers incredible views of the gardensCredit: Douglas Elliman Real Estate
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A steel staircase in the master bedroom leads to another floorCredit: Douglas Elliman Real Estate
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The walk-in closets are glass frontedCredit: Douglas Elliman Real Estate
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Astonishingly, there are 25 bathroomsCredit: Douglas Elliman Real Estate
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This bathroom features a huge bathtub overlooking the gardensCredit: Douglas Elliman Real Estate
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The bathroom has a glass showerCredit: Douglas Elliman Real Estate
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The reception room features a Weber grand pianoCredit: Douglas Elliman Real Estate
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The property also boasts its own nightclubCredit: Douglas Elliman Real EstateThe master bedroom has a scenic view of the garden landscape.
From there, you have your own steel staircase that leads to another floor that features a massive walk-in closet with glass doors, so you can see your designer wardrobe.
One of the many en-suites has a huge bathtub that overlooks the gardens, and it also features a glass door shower.
THAT’S ENTERTAINMENT
The home is fit for someone who loves having friends round.
There are outdoor and indoor basketball courts that complete the recreational feel to the property.
There’s a room with pool tables, and another games room with poker and roulette tables – meaning you’ll never have to go to Las Vegas again.
Next to the outdoor basketball court is a pond that has an elaborate water feature spouting out and a guesthouse.
However, this property does have a chequered history in sales.
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50 Cent had the outdoor basketball court personalised with his group’s name onCredit: Douglas Elliman Real Estate
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A second basketball court can be found indoorsCredit: Douglas Elliman Real Estate
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The indoor swimming pool is one of two at the homeCredit: Douglas Elliman Real Estate
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The outdoor pool features its own grottoCredit: Douglas Elliman Real Estate
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It’s the perfect spot to top up your tanCredit: Douglas Elliman Real Estate
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The kitchen has enough space for the most avid chefCredit: Douglas Elliman Real Estate
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One games room features pool tablesCredit: Douglas Elliman Real Estate
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Another games room has poker and roulette tablesCredit: Douglas Elliman Real Estate
TOO EXPENSIVE
Over the years, the property has dropped in value rapidly – mostly because of its running costs that 50 Cent complained cost him around $61,000 per month.
In fact, it was on the market for 12 years – starting at $18.8m before it was finally sold in 2019 for just $3.1m – an 84 per cent price drop.
“It’s just oversized for the market,” estate agent Jonathan Miller told Realtor.com.
“When you have a property that is well outside the norm, it takes a lot longer to sell.”
In the end, it was reportedly snapped up by US businessman Casey Askar, who owns several fast-food businesses.
Another of Mike Tyson’s amazing homes, complete with cages for his tigers, was left abandoned before it was converted into a church.
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A cinema room adds to the lavish offerings this property hasCredit: Douglas Elliman Real Estate
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The property also has a pond next to the basketball courtCredit: Douglas Elliman Real Estate
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There’s a guest house overlooking the pondCredit: Douglas Elliman Real Estate
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A water feature spouts into the pondCredit: Douglas Elliman Real Estate
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Over the years the property has struggled to sell and was on the market for 12 yearsCredit: Douglas Elliman Real Estate
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Eventually it sold in 2019 for just £2.8m – decreasing 84 per cent in valueCredit: Douglas Elliman Real Estate
