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Magic Owner Rich Devos Puts His House Up For Sale - $24.9 Million

Wednesday, April 25th, 2012 at 10:02pm. 1978 Views, 8 Comments.

rich_devos_house_for-_sale_300Owner of the Orlando Magic, local billionaire Rich Devos is putting his mega-mansion and Lantana, Florida estate up for sale. Since gaining his majority ownership stake in 1991 (worth $85 million at the time), he's now ready to move on to a new home. Could he be moving on up to bigger and better? Or is the Forbes top 400 member down sizing from this 22,000+ square foot manor?

The detail that is clear however is that this excellent home will be going for the big bucks at easily over $20 millino on the open market, but it will certainly take some time at that large of an asking price. He does however have inventory on his side.

This excellent home will leave its new owner wanting very little else. It features vaulted ceilings, state of the art design…

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