Where Does Allen Iverson Live?
Homeownership Where Does Allen Iverson Live?

Where Does Allen Iverson Live? The Former NBA Star Has Many Past Homes

By
May 1, 2024 at 4:26 PM PST
Updated on May 1, 2024 at 4:26 PM PST
Homeownership Where Does Allen Iverson Live?

Where Does Allen Iverson Live? The Former NBA Star Has Many Past Homes

By
May 1, 2024 at 4:26 PM PST
Updated on May 1, 2024 at 4:26 PM PST

During the prime of his career, Allen Iverson was a force to be reckoned with on the NBA court. Unfortunately, the athlete’s talent has been overshadowed by his tumultuous relationship with Tawanna Turner, with whom he finalized his divorce in 2013.

Even though their marriage didn’t last on paper, the long-time lovers reconciled shortly after navigating an exhausting court process that unveiled several of Iverson’s financial secrets and preceded several foreclosures on his homes across the country. The 48-year-old keeps a much lower profile these days, leaving fans curious about where he’s been residing since retiring from professional basketball.

Where Does Allen Iverson Live?

As of a 2017 profile in Sports Illustrated, Iverson, Turner, and their three youngest children were living in Ballantyne – an upscale Charlotte neighborhood located near a golf course. The Virginia-born champion doesn’t take advantage of that amenity, though he reportedly keeps the “man cave” in his family home well decorated with his All-Star jerseys and Slam Magazine covers. He may not have the luxurious indoor basketball court of past homes, but still, Iverson enjoys time shooting hoops on the driveway with his teenage son.

“I can’t sit here and tell you I’m the greatest dad in the world. But I’m home. I can do the things I didn’t do for my older kids. That’s the thrill for me now,” the 1997 Rookie of the Year told SI. “That’s the rush I used to get from basketball. She doesn’t have to always be the disciplinarian. She yells and screams. That’s what she does. Me, I give them a look. They think I might do something. In actuality, I won’t, because I’m wrapped around their finger,” he said of the dynamic in the Iverson-Turner home. It might not be perfect, but after all these years, the controversial couple has found ways to make their bold personalities work.

Alpharetta Property

In Georgia, the cannabis entrepreneur lost his Alpharetta Mansion to the bank in 2017. The LA Times reports that Iverson’s home was transferred over to Wells & Fargo Co. when mortgage payments stopped coming in. Property taxes were estimated at $24,000 for the 6,000-square-foot, European-style home. Iverson paid $2.19M for it in 2006 and listed it over a decade later for $1.14M. In 2019, the bank ultimately unloaded the seven-bedroom, seven-and-a-half-bath for just $725K in 2019.

Atlanta Mansion

As mentioned, Iverson has owned an impressive collection of homes throughout his career, though none of them are still currently in his possession. In 2009, his family bought an Atlanta mansion located off West Paces Ferry Road for $4.5M. It spans almost 10,000 square feet, containing six bedrooms and six full baths. Other noteworthy amenities include a private pool, home theatre and indoor basketball court.

In 2013, amid his divorce, the bank foreclosed on the property due to its unpaid mortgage. While in court, Iverson claimed that Turner bought the home without his knowledge “to place him under financial stress.” The realtor responsible for selling the former NBA star’s home shared, “They actually turned one of the bedrooms upstairs into a closet, a complete dressing room, absolutely incredible, all custom built-ins. There were some areas in the closet that could house up to 100 pairs of tennis shoes. It is absolutely incredible. Over-the-top.”

Colorado Cherry Hills Villa

During his time playing for the Denver Nuggets, the father of five purchased a $3.875M villa in Colorado. Its architecture blends modern design with rustic charm to create an aesthetic that’s as unique as Iverson’s move on the court. Unfortunately, the home’s beauty wasn’t enough for the record-breaker to keep up with his mortgage payment, as the Cherry Hills Villa was foreclosed in 2011, according to Business Insider. Before that, he put it on the market for $3.75M, or nearly $1M less than the last recorded price. A buyer was expected to finalize a deal on the property for “close to” $2.85M at the time, but in this situation, Allen Iverson was still responsible for attorney fees, foreclosure costs and any default interest.

Homes Previously Owned by Iverson

Where Does Allen Iverson Live? pictured: Allen Iverson
(Photo by Ethan Miller/Getty Images)

Villanova Mansion

Not all of Allen Iverson’s past houses have been taken back by the bank, though he’s consistently lost money on his purchases. In 2003 he bought a Villanova mansion for $5M, boasting a restaurant-quality bar, library and home theatre. In addition, a separate apartment with a kitchenette and private entrance was included with the home. When he put it on the market in 2006 for $6.3M, Iverson failed to get lucky. The 14,000-square-foot residence was sold to Saladworks CEO John Scardapane the next year for just $2.6M.

Montco Home

Finally, there’s the spot in Gladwyne, Montgomery Country that Iverson called home from 2000 to 2006. After buying the home for $2.4M, he was able to sell it for $2.85M, marking his only major profit in the real estate world. Seeing as the home is where the former pro baller hid out amid allegations he broke into a Philly apartment and threatened people with a gun, it’s potential the scandal drew in more interested buyers. Years after Iverson’s stint there, another athlete – MLB star Chase Utley – became the proud owner until 2016.



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