Don King’s Home Sells

While it may not have sold for the listed $19.95 million, the Manalapan house sold for $15.9 million.  The 41,030- square-foot estate in Manalapan was home to boxing promoter Don King.

The home, which has a tennis court, two pools, courtyards and lush gardens, was only on the market for 45 days. According to Realtor Jack Elkins, it was the highest sale made this year in Manalapan.

The sale of this house is a good sign that the market is moving in a positive direction. The almost immediate closing of this home is one of the first signs that buyers both locally and internationally have the money to buy luxury homes.

As home builders we love reading stories like this. We hope the new buyers enjoy their purchase.