A Connecticut mansion once owned by Mike Tyson and 50 Cent has now spent another year without a buyer at $9.9 million, after the estate previously sat on the market for 12 years

A magnificent Connecticut mansion, formerly owned by boxing legend Mike Tyson and music mogul 50 Cent, has returned to the real estate market. Featuring 21 luxurious bedrooms, this vast estate has experienced difficulty securing a buyer. After bei...

Celebrity homes that nobody wanted to buy: This Connecticut mansion was once owned by Mike Tyson and 50 Cent. (Image: X)
It has been home to a boxing champion and a rap superstar, changed hands for millions of dollars and spent years waiting for someone new to claim it. Now, the sprawling Connecticut mansion once owned by Mike Tyson and 50 Cent is once again looking for a buyer.

When 50 Cent bought the Farmington property from Tyson in 2003, he paid $4.1 million in what looked like the kind of celebrity real estate purchase that would make headlines for years. More than two decades later, the 51,830-square-foot estate is still struggling to find its next owner. The mansion the rapper once called home was relisted at $9.9 million last month, according to Connecticut-based business news outlet Hartford Business. Its listing expired on August 13 and was reactivated the following day without a price reduction.

The massive Farmington estate had 21 bedrooms, 25 bathrooms and enough entertainment space to rival a private resort. But owning a mansion of that scale came with a problem that even its celebrity history could not solve: keeping it was extraordinarily expensive.


According to a 2015 Los Angeles Times article, 50 Cent spent about a whopping $6 million renovating the property after buying it from Tyson, who had bought it in 1996 for $ 3 million. Court documents cited by the outlet showed that maintaining the mansion and its grounds cost him roughly $72,000 a month.

The rapper first tried to sell the estate in 2007, asking $18.5 million. But the mansion remained on the market for years, with its asking price repeatedly reduced. By 2015, after 50 Cent filed for bankruptcy, the property was listed for $8.5 million. Realtor.com noted in 2015 that the mansion's enormous size worked against it, as relatively few buyers were looking for a property so large and expensive to maintain.

That helps explain why, over the years its proved difficult to sell. The estate eventually changed hands in 2019, when food-and-beverage investor Casey and Shera Askar bought it for just $2.9 million, far below 50 Cent's original purchase price and the much higher prices he had once sought.
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A 2015 CT Insider article cited Victoria Wilson, Director of Luxury Marketing at Berkshire Hathaway, and reported that the couple spent more than $3 million upgrading the property, including redoing the indoor pool and spa, installing new flooring in an entire wing, and adding a cigar lounge.

With last month’s relisting, the mansion's celebrity history has been looking for rich people who, after owning it, could maintain it as well.
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