Perennial NBA All-Star Allen Iverson has trimmed the price of his Philadelphia-area home again, this time to $3.25 million—35% less than the $5 million he paid for it in 2003.
Mr. Iverson, 34, originally listed his home for $6.3 million after the Philadelphia 76ers traded him to the Denver Nuggets in 2006. The guard has since been traded to the Detroit Pistons and, this season, signed with the Memphis Grizzlies. The 14,000-square-foot, four-story home is in Villanova, part of the Main Line area, and has six bedrooms, a movie theater and a guest suite. A closet in the master suite has space for 500 pairs of shoes. The four-acre property has a pool house, and a stream runs through it.
Mr. Iverson put the home on the market in 2007 and cut the price by 37% the following year.
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