February 28, 2011

The House that Jeter Built

Emma Span wonders about Derek Jeter’s mansion:

Jeter won’t talk about this – the mansion, not the definition of a boat lift – which is understandable, but I’m genuinely curious as to what his thinking was here.

The house is rather symmetrical, leading me to believe it’s two houses in one. Derek’s parents are likely approaching retirement (his dad is in his early 60s), and it’s quite possible he built half the house for them. It’s clearly going to be a party house, and maybe Derek wants lots of space to host charity events. He might even be planning a big family.

It’s probably a good investment as well. With real estate in the tank and not that much building happening, Jeter probably got the land and the construction cost for a very good price. The next time the economy booms, I bet he makes a killing on the place.

1 thought on “The House that Jeter Built

  1. Roger Downey

    This is a reminder of why it doesn’t make sense to put so many millions into the winner-take-all society. The winners don’t know what to do with the money except waste it in excessive displays of houses, boats, jewelry, etc. Jeter is just the latest example.

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