4 abandoned mansions for sale across the US — and why they're so unsellable (2024)

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4 abandoned mansions for sale across the US — and why they're so unsellable (1)

  • A handful of mansions on the market across the US are vacant — and have been for years.
  • Some of these properties are unfinished and lack basic amenities, like water or electricity.
  • Take a look at four large abandoned homes for sale and see why they're still empty.

4 abandoned mansions for sale across the US — and why they're so unsellable (2)

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4 abandoned mansions for sale across the US — and why they're so unsellable (3)

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4 abandoned mansions for sale across the US — and why they're so unsellable (4)

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There are mansions that nobody wants.

It might seem far-fetched that a coveted piece of real-estate would be unsellable, but a few abandoned or unfinished mansions across the US have lingered on the market for years — even decades.

From Kanye West's incomplete spread in Malibu to a house on a private island in a remote Montana lake, these four houses — with at least 4,000 square feet of interior space — have had a hard time luring a buyer for various reasons.

Learn more about four abandoned mansions for sale across the US — why they're still empty.

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This seven-bedroom 'zombie mansion' near Portland, Oregon, is listed for $1.3 million.

4 abandoned mansions for sale across the US — and why they're so unsellable (5)

In Tigard, Oregon, about 10 miles outside Portland sits a 9,052-square-foot, seven-bedroom house that's never been lived in.

According to the Zillow listing, construction started in 2006 but was never finished.

It's been abandoned since 2008, after the builder had complications with his building loan during the recession, the Oregonian reported in December 2023.

The bones are there, but the house lacks electricity, water, and heating, the Oregonian said. The windows are boarded up, and the walls are filled with graffiti as squatters have made themselves at home in the empty mansion, according to The Oregonian.

For the state of disrepair, the list price of $1.3 million may just be too much.

Lising agent Eric Squire told The Oregonian that the asking price is "gutsy."

Squire added that the property is worthwhile not for the building itself, which will probably be torn down by any eventual buyer, but for the land. The 1.5-acre lot can be split into seven buildable lots.

"There is truly value here," he said. "The bones are good, and when it's built out, it will be a $3 to $6 million property."

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Michael Jordan's Chicago mansion, empty since 2012, is listed for $14.9 million.

4 abandoned mansions for sale across the US — and why they're so unsellable (6)

Jordan, the basketball legend, has been trying to sell his 56,000-square-foot compound outside Chicago for more than 10 years.

The nine-bedroom home was first listed for $29 million in 2012 and is now almost half off.

Part of the reason Jordan's seven-acre property hasn't yet sold is because of how he customized it. It starts with the "23" — his jersey number for most of his career — emblazoned on the front gates. The house is littered with other custom features like a basketball court with his logo in the middle of the floor.

"It's clearly his home," Bruce Bowers of Bowers Realty Group told BI in 2019. "It's a tough sell. There's a lot of work that would have to be done to make it your own."

Jordan has even tried offering the buyer a complete set of his famous Air Jordan sneakers, but that didn't work.

Today Jordan owns real estate in his home state of North Carolina, as well as in Florida.

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Kanye West’s concrete mansion on the Pacific Ocean is unfinished but still listed for $39 million.

4 abandoned mansions for sale across the US — and why they're so unsellable (7)

West's all-concrete house, designed by famous Japanese architect Tadao Ando, is perched on the Pacific Ocean in celebrity hot spot Malibu.

Kanye spent about $57 million on the 4,000-square-foot property in 2021. He started gutting the home soon after, but never finished his renovations.

In December 2023, he listed the home for $53 million but has since dropped the price to $39 million.

This might be the problem: The house comes without plumbing or electricity — and it's missing doors and windows, too, the Wall Street Journal reported in December 2023.

"It will take several million dollars for the house to be finished," real-estate agent Jason Oppenheim, of "Selling Sunset" fame who is representing West , told the Journal.

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A private island in Montana with a half-built mansion is on sale for $72 million.

4 abandoned mansions for sale across the US — and why they're so unsellable (8)

Cromwell Island — located in Flathead Lake, just south of Kalispell, Montana — is about 350 acres and has almost three miles of shoreline.

On the island is a 45,000-square-foot mansion that was started in the late 1990s and never finished.

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On Cromwell Island sits an unfinished 45,000-square-foot mansion.

4 abandoned mansions for sale across the US — and why they're so unsellable (9)

According to the listing, the previous owner, Robert M. Lee, the founder of gear company Hunting World, bought the property in the 1980s and started building a home for himself and his wife but died in 2016 before its completion.

Lee's widow, Anne Brockinton Lee, told the Wall Street Journal that they bought a house in Lake Tahoe in 1999 and moved there full-time. Once Mr. Lee passed, she thought finishing the Cromwell Island home would be too much of a pain for one person.

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Kanye West Michael Jordan

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4 abandoned mansions for sale across the US — and why they're so unsellable (2024)

FAQs

What happens to abandoned mansions? ›

Often such property is tied up in an estate dispute or probate. If you mean formally abandoned, property reverts to the state of California after 3 years. If the owners died and left no will and has no beneficiaries (was left indestate) , the building reverts to the State of California after probate.

How to buy an abandoned house in America? ›

Visit The County Clerk's Office

Your county clerk's office will be one of the most valuable resources for finding and buying an abandoned house. They'll be able to provide a list of abandoned properties in the county and the information you need to track down the owner.

Why do people abandon mansions in America? ›

There are several reasons why people abandon mansions: Divorce. Homeowner moves to a nursing home, but refuses to sign a power of attorney to allow relatives to sell the home. The house is haunted.

Who owns the largest abandoned mansion in America? ›

Lynnewood Hall
Completed1899
Cost$8 million (equivalent to $293 million in 2023)
ClientPeter A. B. Widener
OwnerLynnewood Hall Preservation Foundation (purchased from First Korean Church of New York in 2023)
16 more rows

Why do they board up abandoned houses? ›

Boarding up a property might also be necessary to deter squatters. Theft is also a prominent reason to board up a vacant property, as thieves have been known to strip property of its pipes to sell on later. It is only a temporary fix, but it is an integral one.

Can I claim abandoned house in USA? ›

Adverse possession is a legal form of taking over property ownership, while squatting, or taking up unauthorized residence in an abandoned or unmonitored space, is illegal. However, a squatter intentionally occupying an abandoned home might be able to claim adverse possession in court after a certain period of time.

What happens to a house when no one lives in it? ›

Vacant homes are targets for theft and vandalism. Therefore, when a homeowner's mortgage payments become delinquent, one of the first things many lenders do to protect their interest in the property is to look into whether the owner has abandoned it.

How many abandoned houses are in America? ›

According to the Census Bureau, there were approximately 15.1 million vacant homes nationwide in 2022. These vacant homes, which include rentals, represent 10.5% of the country's total housing inventory.

Which US city has the most abandoned houses? ›

Key Findings: As of 2022, nearly a quarter of New Orleans homes were sitting empty. The city had the highest housing vacancy rate in the study (22.9 percent), and other Louisiana locations like Shreveport (16 percent) and Baton Rouge (16 percent) had high rates too.

Why do American mansions have so many bathrooms? ›

This is why mansions often have multiple entertainment areas. They also have more bathrooms than bedrooms for the same reason. The extra bathrooms are convenient to make sure guests have access to powder rooms close to these entertainment areas.

What state has the most mansions? ›

Only 5 of every 1,000 homes across the U.S. are considered mansions. To be considered a mansion, SmartAsset delegated that a property must have at least five bedrooms and fifteen rooms, not including closets and bathrooms. This is probably why Utah stole the top spot.

How long before property is considered abandoned in California? ›

Once you have conducted and documented your research and the rent is more than 14 days past due, you can file a Notice of Belief of Abandonment in California.

Why do abandoned buildings decay so fast? ›

Vacant or abandoned buildings have to withstand the elements that come with changing weather as well. In the warmer seasons, water can seep into the walls of the home and cause dampness. In winter, frozen water can compromise the strength of the walls.

Why are there so many abandoned mansions in Europe? ›

After a few centuries of grand living, castles simply went out of style with people choosing to live in smaller houses or Tudor mansions. Such people simply abandoned their castles leading to their current sorry states. Many castles were built by skilled hand masons that had apprenticed from other skilled hand masons.

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