Former Chicago Cubs president of baseball operations Theo Epstein and his wife Marie publicly put their six-bedroom, 7,000-square-foot brick and limestone mansion in Lakeview on the market Monday for $3.75 million.

Now a Major League Baseball consultant, Epstein, 48, oversaw the Cubs’ baseball operations from 2011 until his retirement in November. Among his accomplishments was leading the team to the 2016 World Series title.

In Lakeview, Epstein and his wife paid $3.25 million in late 2011 for a home that was newly built at the time. When buying the house, the Epsteins outbid then-Chicago Blackhawks star Patrick Sharp.

Now that Epstein’s time with the Cubs is over, he and his wife have put their home on the market. On Sept. 1, the couple first listed the home for sale for $3.6 million through a private network of real estate agents, and the home briefly went under contract. After that deal fell through, the Epsteins and listing agent Jeff Lowe of Compass decided to list the mansion publicly for a higher asking price of $3.75 million.

Lowe declined to comment on the deal that fell through or the identity of his clients. However, he told Elite Street that the reason for the higher asking price is that while the mansion was listed on the private listing network, buyer traffic was very strong. In addition, he said, he later learned about the non-market comparative value of the home, which he had not previously known. Those two data points caused Lowe and his clients to reconsider their asking price.

Situated on a very spacious 37.5-foot lot, the home features five full bathrooms, two half bathrooms, woodwork and built-ins throughout, high ceilings, a living room with a custom limestone fireplace, a curved staircase with a skylight above, and kitchen with marble island, walk-in pantry and commercial appliances including espresso machine, two dishwashers and separate beverage fridge.

Other features include a great room with high ceilings, a patio, and a master bedroom with floor-to-ceiling windows, a fireplace, two walk-in closets, a wet bar, and a marble bathroom with separate sinks, a steam shower, and a separate soaking tub. The home also features a great room, attached four-car garage with a roof deck and lower level with radiant heat, a theater room, an oversized wet bar, and an additional rec room with built-ins.

In the 2020 tax year, the home had a property tax bill of $41,497.

Goldsboro is a freelance reporter.

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https://www.readingeagle.com/2022/09/21/former-chicago-cubs-president-theo-epstein-publicly-lists-lakeview-home-for-3-75m/

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