Carmelo Anthony Loses $6M on Sale of Colorado Home

It's a good thing Carmelo Anthony inked a three-year $65 million contract with the New York Knicks because he just took a massive hit on the sale of his Littleton, CO home. Melo originally purchased the eight bedroom home in 2007 for $12 million and recently sold it at a major loss for $6.18 million. It's no wonder why the new Knick was so apprehensive about buying in Manhattan. View the listing.

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It's a good thing Carmelo Anthony inked a three-year $65 million contract with the New York Knicks because he just took a massive hit on the sale of his Littleton, CO home. Melo originally purchased the eight bedroom home in 2007 for $12 million and recently sold it at a major loss for $6.18 million. It's no wonder why the new Knick was so apprehensive about buying in Manhattan. View the listing.
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The former Denver Nugget lived in the lap of luxury in this 21,083-square-foot home.
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A view of the incredible living and dining rooms that feature soaring ceilings, a wet bar, and a fireplace.
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A look at Melo's former kitchen.
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Melo's home features eight bedrooms and nine bathrooms.
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In addition to this wine cellar, the 5.74 acre property also boasts a seven car garage, a gym, and a three stall barn with a pasture and private pond.
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It took a year for Melo to finally unload his impressive home. He originally listed it in June 2010.
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A view of the outdoor entertainment space and gazebo.
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Melo's ritzy gated Colorado property features this pool.
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An aerial view of the expansive residence. The new Knick now resides in a rented penthouse in Hell's Kitchen.
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