Patrick Mahomes' $1.9 million luxury estate investment sees incredible growth
Patrick Mahomes has made big-money moves off the field as well as on it. The Kansas City Chiefs quarterback signed a mammoth 10-year extension worth $503 million in 2020, making it the biggest contract in sports history.
Despite holding the most lucrative contract in American sports history, Mahomes doesn't have a huge mansion. The quarterback purchased a ranch estate in 2019 for a reported $1.9 million a year before leading the Chiefs to Super Bowl glory. The 1.4-acre pad was built in 1953, but Mahomes and wife Brittany Matthews have renovated it extensively, increasing its value to around $2.4 million as per Zillow estimates.
The ranch house is located in Sunset Hills, Missouri and covers 4,343 square feet. The three-bedroom house includes a private swimming pool, state-of-the-art gym, 500-bottle wine room, four fireplaces, including an Art-Deco-inspired one in the living room and classy ones in each bedroom.
Also Read: Inside Patrick Mahomes' Sunset Hills house
The property is located just 20 minutes from Arrowhead Stadium, where the Chiefs play home games and practice.
In February 2019, Patrick Mahomes bought a $1.8M 1953 ranch home just 20 minutes away from Arrowhead Stadium.
The 4,343 square foot, 3bd/2.5ba house sits on a 1.4 acre lot & features a pool, gym & 500-bottle wine room. https://t.co/ljn1yBqZ6c
What's more? Mahomes even channeled his inner 'Sneakerhead' to build a custom closet to house his 180-pair sneaker collection.
Interestingly, Mahomes and Matthews have invested nearly $400,000 into upgrading the ranch estate.
"It's cool just to have our own house where we can grow into, and so this is definitely a big step in our life," Mahomes said back in 2020. "Renting a house wasn't for us. We wanted our own place."
Despite renovations and investments, questions loom over Sunset Hills being Mahomes and his family's forever home. The Texas couple reportedly purchased a stunning home in the Dallas Metroplex.
According to Realtor.com, Patrick Mahomes also purchased an eight-acre plot of land in the private country club community of Loch Lloyd for $400,000. His idea is to build a custom home with a half-football field.
Round 2! 🤍 @BrittanyLynne https://t.co/QrkECqGyka
It will be interesting to see whether Patrick Mahomes and his wife spend the next 10 years in the adopted city. They welcomed their first daughter, Sterling Skye Mahomes, to the world on February 20, 2021. Mahomes took to Twitter to announce that the family is expecting another child soon. Last week, Mahomes got Sterling's hands tattooed on his calves.