The Philadelphia Eagles are true underdogs in Super Bowl LII, but they are a formidable bunch when it comes to real estate. They don’t have the legacy and postseason pedigree of the New England Patriots, so their homes are a bit more modest. However, when we checked out where various Eagles have decided to nest, we were duly impressed with their choices. We also spotted a trend of many players abandoning the Pennsylvania playbook and opting for life in nearby New Jersey. Agent Melissa Young with The Young Group at Berkshire Hathaway Fox & Roach has worked with a number of Eagles players. Young says the New Jersey choice is clear, partly due to traffic patterns. Getting out of South Philadelphia, where the Eagles are based, and heading into the suburbs of Pennsylvania is a hassle, whereas the ride from South Philadelphia over the Delaware River into New Jersey is a fairly straight shot. “Players would rather take the 15-minute commute to the New Jersey suburbs—they offer the players some sanctuary. The neighbors tend to acclimate to their new celebrity neighbors and offer them privacy.” So where do the highest-flying Eagles live? Well, one person who doesn’t cross state lines for a home game is the man who signs the checks to ensure the Eagles soar. Owner: Jeffrey LurieBefore he purchased the Eagles in 1994, Jeffrey Lurie—a Boston native—made a run at buying the (Darth) Vader-like Patriots in 1993. Now safely ensconced in Philadelphia, Lurie cemented his local status by buying one of the city’s legacy mansions in 2007. Known as Inwood, the grand 13-acre estate in the tony Main Line enclave of Wynnewood was built in 1921, and fell into epic decrepitude by the time it was snapped up by publishing magnate Walter Annenberg in 1941 for just $45,000. He restored it to its former glory. After her husband’s death in 2002, Leonore Annenberg put Inwood on the market in 2006 for $15 million. Lurie picked it up for $14 million a decade ago. If you’d like to live across the street from Lurie and fly your Eagles flag (with HOA permission, of course), it would cost you far less than what Lurie shelled out. A brand-new home in Wynnewood can be had for only $3.25 million. Agent Haven Ruddy of Main Line Haven Berkshire Hathaway says the allure for buyers in these classic neighborhoods along the Main Line is all about education. “We see buyers coming back to the area when they have kids to get them in these school districts.” But Ruddy tells us buyers don’t need to be billionaires (or even millionaires) to buy in the desirable neighborhood. There’s a “healthy housing inventory of homes under $500,000 along the Main Line,” she says. Over the past year, she’s seen over 800 Main Line properties sell for under $500,000, while 245 properties sold for over $1 million. And Lurie wasn’t always a billionaire. When he bought the Eagles over two decades ago, he paid $195 million but had to borrow some cash to finance his big buy. Today, the team is valued at $2.4 billion. As his investment in the Eagles has continued to appreciate, Lurie has made other real estate moves. When winter settles in, he decamps to Palm Beach, FL. In 2013, Lurie purchased a 17,113-square-foot mansion for $28.5 million. Located on Palm Beach’s exclusive South Ocean Drive, it’s only a couple of blocks from President Donald Trump‘s Mar-a-Lago. Enough said. ——-- The unlikely quarterback: Nick FolesNick Foles first became the starter for the Eagles in 2013, after injuries hampered Michael Vick. Foles thrived and became a Pro Bowler—until a broken collarbone halted his first stint in Philly. He was traded to the then-St. Louis Rams in early 2015 and a signed a two-year, $24.5 million deal with the team. After a mediocre 2015 season, the QB was all-in on the Rams’ big move to Southern California. As proof, he bought a $2.7 million, four-bedroom home in Newport Beach—just a short drive from the team’s new training facility. But two weeks before the deal closed, Foles was cut loose by the Rams in favor of the newly drafted Jared Goff. Foles spent the 2016 season as a backup with the Kansas City Chiefs, and likely rented in the Midwest. Foles held onto his SoCal home, and reunited with the Eagles as a backup, signing a two-year deal with the team in March 2017. Befitting a backup, Foles didn’t splurge on a baller mansion this time around. In May 2017, he closed on a newly built $700,000 home in the South Jersey city of Haddonfield. It’s where Foles is calling home, for now. ——-- The near-MVP quarterback: Carson WentzBefore suffering a season-ending knee injury in Week 14, Carson Wentz was well on his way to snagging the league MVP. He put up big numbers, had the team rolling into the playoffs, and kept Foles anchored to the bench before going down with the knee injury. So where is Wentz spending his rehab? Well, we weren’t able to pinpoint exactly where he lives, but we know he bought a sizable piece of land in south New Jersey. When he’s not at the Eagles facilities in South Philly, the avid sportsman truly wants to escape. “Especially now with the life and the lifestyle that I live, it’s just nice to kind of get away from everything,” he told ESPN. “Get away from the world a little bit and have some space.” According to Wentz’s Twitter account, the decor in his home is sparse. But it does jibe with his avowed love of hunting.
——-- The longtime lineman: Jason PetersLike Wentz, Jason Peters won’t be participating in the Super Bowl. The All-Pro offensive lineman suffered torn knee ligaments in Week 7 of this season. Charged with protecting the quarterback’s blind side, Peters is considered the premier left tackle in football. And like both Eagles quarterbacks, Peters makes his home across the Delaware River in the community of Woolwich Township, NJ. He purchased a nearly 7-acre spread for $899,000 in the summer of 2013. When it was up for sale, the 8,000-square-foot home was touted as a “magnificent executive home.” Located on a cul-de-sac overlooking Raccoon Creek, the five-bedroom home features a two-story foyer, two-story great room, and formal dining room. The true clincher for Peters was likely the fully finished basement featuring a media area, full bar, gym, and cedar sauna. It’s perfect for unwinding after a rough Sunday on the field. ——-- Catch him in downtown Philly: Zach ErtzOn the other end of the line from Peters, enormous pass-catching tight end Zach Ertz has become a consistent element of the Eagles’ offense. He’s caught over 70 passes in each of the past three seasons, and his 6-foot-5 frame makes him a convenient target for Wentz or Foles. After his fourth season with the Eagles, he signed a five-year, $42 million contract extension in 2016. Figuring he was going to stick around in the City of Brotherly Love, Ertz made the smart move and bought a place of his own. But he didn’t stray from the city, and he didn’t even opt for a place with a backyard. In December 2016, he closed on a $1.25 million condo in the Waterfront Square complex. Real estate agent Young understands the city’s allure for Eagles stars, but there is a downside. “Living in Center City is a blast for any young athlete, but it becomes extremely difficult for some to lead a normal life in the city. When they walk out of their home, they can be embraced by enthusiastic fans,” says Young. Ertz’s three-bedroom unit offers spectacular views of the Delaware River. The building is close to restaurants, nightlife, and shopping. If you’d like to join the tight end soaring over Philly, there’s a four-bedroom unit on the market for $1.4 million. ——-- The coach: Doug PedersonLike Foles, second-year head coach Doug Pederson is on his second stint in Philadelphia. He served as an assistant on the Eagles staff from 2009 to 2012, connecting with a certain South Jersey town along the way. He lived in Moorestown, where his neighbors loved having him and his family in the area. But he left South Jersey behind to join the Kansas City Chiefs coaching staff in 2013. He bought a beautiful six-bedroom home in Overland Park, KS. Located right next to the Nicklaus Golf Club at LionsGate, the home was listed for $850,000 when Pederson purchased it. The coach put the family-friendly home back on the market in April 2016 for $875,000, shortly after accepting the head coach gig with the Eagles. After snagging the coveted Eagles job, Peterson returned to Moorestown. “Having been there before obviously makes it better coming back again,” he told South Jersey magazine. For their second go-round in New Jersey, Pederson and his wife opted for palatial digs. In May 2016, they paid $1.95 million for an 8,000-square-foot home on 3 acres of gorgeous grounds. The home has five bedrooms, four baths, and two half-baths. Luxury amenities include a home gym, a large pool and patio out back, and five fireplaces. It looks like the perfect place to draw up a play or two before heading over the bridge to work in Philadelphia. The post NFL Cribs: Where Do the Highest-Flying Philadelphia Eagles Choose to Nest? appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/eagles-real-estate/
0 Comments
Leave a Reply. |
About usI am Casey Abby From USA and I am 30 Year Old. I done my study recently in MBA Marketing. Archives
April 2021
Categories |