Phil and Amy Mickelson are selling their Rancho Santa Fe, Calif., mansion, which could be yours for a listing-low price of $5.99 million.
The 9,176 square-foot, five bedroom, six-and-a-half bath property is back on the market after previous sale attempts in 2008 ($12.2 million) and 2013 ($6.5 million). It appears that even professional golfers are not immune to a sliding housing market as a result of the recession.
The 4.55-acre estate, which boasts a pool, olive trees, exercise room, a chef’s kitchen, open-beam truss ceiling living rooms, a juice bar and, of course, a putting green, has been home to Lefty and his wife since 2001. And today, you can own it for just about $50,000 more than what they paid for it 13 years ago.
It is not clear if Mickelson, a San Diego native, plans to leave California. In January 2013, Mickelson complained about how much money he loses in taxes each year. California taxes income over $1 million at 13.3 percent, the highest marginal tax rate in the United States.
"There are going to be some drastic changes for me because I happen to be in that zone that has been targeted both federally and by the state, and it doesn't work for me right now," Mickelson said after the 2013 Humana Challenge. "So I'm going to have to make some changes. Right now, I'm like many Americans who are trying to understand the new tax laws. I've been learning a lot over the last few months and talking with people who are trying to help me make intelligent and informed decisions. I certainly don't have a definitive plan at this time, but like everyone else I want to make decisions that are best for my future and my family.”
This article was originally posted on Nov. 4, 2014.