Iverson's $6.3 Million Listing

By CHRISTINA S.N. LEWIS
August 24, 2007; Page W6

NBA all-star Allen Iverson has listed his five-bedroom home in an exclusive Philadelphia suburb for $6.3 million.

The 32-year-old guard, one of the league's leading scorers, was traded to the Denver Nuggets last year after 10 ½ seasons with the Philadelphia 76ers.

Mr. Iverson and his wife, Tawanna, paid $5 million in 2003 for the roughly 14,000-square-foot home on four acres, public records show. It's located in Villanova, according to the listing, about 20 miles northwest of the city on Philadelphia's wealthy Main Line. Built in 1991, the four-level French-style house has arched palladian windows, a 12-person movie theater, a billiard room and a guest suite with a kitchenette. The master suite is decorated with crystal chandeliers and has a closet with room for 500 pairs of shoes. The property also has a pool house, a hot tub and a stream.

Chanel Overton, of Long & Foster Cos., has the listing. She declined to comment. Mr. Iverson's agent, Leon Rose, could not be reached for comment.

Record Producer Sells

Grammy award-winning producer James Harris III, known professionally as Jimmy Jam, sold his lakefront home in Minnesota in June for $7 million. The 24,000-square-foot home on 3.6 acres had been listed for over a year at $9 million.

A longtime Janet Jackson collaborator, Mr. Harris and his wife, Lisa, have relocated to Los Angeles, according to the co-listing agent, Meredith Howell, of Coldwell Banker Burnet.

The seven-bedroom house is located on Lake Minnetonka in Minnetrista, about 25 miles west of Minneapolis. Mr. Harris paid $750,000 for the land in 1990, which has about 360 feet of lake frontage, and designed the two-story contemporary house himself. It has barrel-vaulted ceilings, an indoor and an outdoor swimming pool, a 16-seat screening room and two offices, as well as a 12-car garage. Mr. Harris could not be reached for comment.

The buyers are Christopher and Sandra Hintz, a local couple, who plan to live in the house year-round. While Mr. Harris took his numerous pianos and awards with him, he left more than 50 televisions that were bolted to the walls, according to Ms. Howell, who shared the listing with Ryan Burnet, a partner in their firm. Bruce Birkeland, also of Coldwell Banker, represented the Hintzes.

Mr. Harris and his producing and business partner, Terry Lewis, have dozens of platinum records to their name. In addition to producing albums for Janet Jackson, with whom they have won two Grammys, they have worked with Mariah Carey, Usher and Boyz II Men, among others. Earlier in their career they toured with Prince as members of The Time.

Write to Christina S.N. Lewis at christina.lewis@wsj.com