The Washington Wizards center officially entered the next phase of his off-court rebuild Tuesday, offloading his 16,000-square-foot West Coast franchise facility to an unnamed buyer.
Davis formally waived his residency clause on the Bel Air property this week, freeing up $32 million in liquid cap space and officially closing his California window. League sources confirmed the transaction clears the nine-time All-Star from any lingering luxury tax obligations associated with the home’s wrap-around infinity pool, home theater, and full-size indoor basketball court.
The decision to part ways with the estate was purely a business move to optimize Anthony's portfolio flexibility heading into the fourth quarter of the fiscal year.
The acquiring party, currently operating through a blind trust, will reportedly take on the entirety of the property’s existing maintenance contracts, including a heavily backloaded, multi-year deal with a boutique landscaping firm. Real estate analysts noted the mansion's impressive measurables—eight bedrooms, eleven bathrooms, and elite panoramic intangibles—made it an immediate system fit for the high-end California buyer market, despite requiring extensive load management for its aging HVAC network.
With the West Coast asset fully off the books, Davis is now reportedly scouting the greater D.C. metropolitan area for a mid-level exception townhouse to quietly ride out the remainder of his current tenure.