Kevin Garnett has once again shown that nothing is impossible by selling his unfinished mansion in Mailbu for $16 million.

As Forbes’ Lauren Beale reports, “active plans, permits, and Coastal Commission approval were already in place” when Garnett sold his 11,000 square foot mansion on the California coast. The initial asking price for the seven-acre estate by Forbes Global Properties was $20 million.

In particular, “this sale reflects the continuing strength of the Malibu market,” says Eric Hassan of Hilton & Hyland. “I look forward to seeing the new buyer’s vision for the finished property.”

Garnett bought the house in 2003, and according to TMZ Sports, he started renovating it in 2013 but never finished it.

Photos and renderings depict a luxurious complex with a pool, gated entrance, and modern finish along Pacific Coast Highway, albeit these features could be altered to suit the tastes of the future owners.

The estate also has lots of room for expansion in terms of construction and additions.

Even if Garnett was unable to see the remodel through to completion, he will still receive $16 million.

Basketball Great Kevin Garnett Sells Malibu Mansion For $16 Million

For $16 million, NBA star Kevin Garnett parted ways with his unfinished Malibu property.

An 11,000-square-foot residence with an ocean view is now being constructed on 7 oceanfront acres. The property is surrounded by a big motorcourt that may be accessed via a driveway that is accessed via a gate.

The next owner may put their own stamp on the design and finishing thanks to the already established plans, permits, and Coastal Commission approval.

“This sale in particular reflects the continuing strength of the Malibu market,” says Eric Hassan of Hilton & Hyland, who listed the property together with Barbara Tenenbaum of the same firm. It will be interesting to see how the next owner plans to develop the land.The next owner may put their own stamp on the design and finishing thanks to the already established plans, permits, and Coastal Commission approval.

“This sale in particular reflects the continuing strength of the Malibu market,” says Eric Hassan of Hilton & Hyland, who listed the property together with Barbara Tenenbaum of the same firm. It will be interesting to see how the next owner plans to develop the land.