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BREAKING NEWS

Michael Jordan Re-Lists Stunning Chicago Home At $21Million For Fast Sale - Take A Peek Inside!

Michael Jordan's Home

March 1 2013, Published 7:28 a.m. ET

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Air Jordan has taken flight and returned to his home state of North Carolina after dropping the price on his luxurious Chicago area estate.

Basketball legend Michael Jordan originally listed the Highland Park home last year for $29 million, but has now opted for a dramatic $8 million price cut for a fast sale -- and RadarOnline.com can take you inside the stunning mansion, courtesy of Zillow.com.

With his signature number 23 on the gates, there is no mistaking who the sprawling estate belongs to!

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The custom built home spans over eight acres in the high-end Chicago suburb and boasts 56,000 square feet of living space, which includes nine bedrooms, 15 bathrooms and five fireplaces. The property also includes a guesthouse, pool area, outdoor tennis court and three garages.

The Chicago Bulls star designed the property in 1995, but following his divorce five years ago his primary residence has been in Florida.

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Now the former University of North Carolina player is going back to his Tar Heel roots with the purchase of a $2.8 million home in Cornelius, near to where the Charlotte Bobcats play -- the NBA team that he has been primary owner of since his retirement.

The five-time NBA MVP who has six championship rings, saved over a million dollars by buying the home, which is situated on the shores of Lake Norman and on the seventh hole of the The Peninsula Golf Club, in a foreclosure deal.

Built in 1993, the property measures 12,310 square feet with 6 bedrooms, 8 baths and a two-story great room that opens out to a terraced patio, which holds an enormous pool and spa. An expansive basement holds room for a personal gym and entertainment center.

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