Inside Magic Johnson’s Real Estate Portfolio, From California to Hawaii
1990
One year before Johnson and longtime love Earlitha “Cookie” Kelly tied the knot, he reportedly purchased a mansion overlooking Beverly Hillsin the gated community of Beverly Park. At the time, it measured 12,000 square feet, with a full-size tennis court, a pool, an outdoor lagoon, a grotto, and a built-in grill and fire pit surrounding a patio with a bar. Over the years, Johnson expanded the mansion from four bedrooms to nine to accommodate for his growing family and increased the square footage to 14,000 square feet. The highlight of the Mediterranean-style residence is undoubtedly Johnson’s man cave, which he showed off on Oprah Winfrey’s show in 2013. In the room are all of the athlete’s trophies and his five NBA championship rings, which he told Winfrey he’d never worn. (The most valuable, he noted, was the 1985 ring, which marked the Lakers’ win over the Boston Celtics.) Johnson listed the home for $6 million in 1992 and later relisted it for just shy of $8 million in 1998, but it seems like the couple still owns the home.
2007
By the early aughts, Johnson and his wife had three children and were looking for ways to squeeze in family vacations without traveling too far. “We used to own a second home in Napili, Hawaii, but we just said, ‘Man, it’s too far to get to,’” he told Architectural Digest in 2009, “especially with young kids. Cookie and I always used to come south for little getaways. So we were down for our anniversary in September a couple of years ago, staying at a hotel at the time, and we had his-and-her massages. That was the moment right there. She turned and looked at me and said, ‘Why don’t we just get a home here?’”
The pair put down $7.6 million for a three-story, Tuscan-style beach house in Orange County that met their basic criteria of “steps from the sand, Mediterranean architecture, [and] good indoor-outdoor flow.” The home spans 7,700 square feet and features five bedrooms, seven bathrooms, a home theater, a wine cellar, and a pool (and private beach) out back. Nearly every window of the villa overlooks the ocean, with a direct view of Catalina Island. The couple worked with designer Michael Kreiss to decorate the villa in a style that Cookie called “a little more on the contemporary side. The whole point of the house was to be fun and comfortable and inviting,” as she told AD. They still own this residence.
2010s
One of Johnson’s most recent ventures has reportedly been an interest in the Las Vegas Raiders. According to multiple reports, the sports legend was in talks to buy a minority ownership stake in the fall of 2022. Years before this, however, the Lakers legend was believed to have owned a five-bedroom, six-bathroom mansion in Las Vegas that was ideal for entertaining. It reportedly featured a two-lane bowling alley, a basketball court, a tennis court, a racquetball court, a batting cage, an indoor and outdoor swimming pool, a rock-climbing wall, and even an in-ground trampoline. No word on how much Johnson might have paid for the pad, however, nor whether or not he still owns the place.