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Inside Patrick Mahomes’ $8 million real estate empire

by
January 31, 2023
Home Real Estate
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Patrick Mahomes is looking to make his third Super Bowl appearance in the last four years. And if that’s not an indication of what a winner is, then there’s no need to look to the real estate portfolio he’s amassed over the years.

Now worth a combined $8 million, the 27-year-old Kansas City Chiefs quarterback has purchased four different properties.

Two homes in Missouri, one in a state vacant lot and one in Texas, considered perhaps his most valuable.

However, if he continues this pace, there is no denying that this is just the beginning of his real estate investments. And he has enough money to do it.

Mahomes signed a 10-year, $503 million contract with the Chiefs in August 2020.

Kansas City, Missouri — $350,000 Condo


The condo spans 1,800 square feet.
The condo spans 1,800 square feet.
google map

In December 2017, Mahomes purchased his first home. He bought a two-bedroom, three-bathroom condo in Kansas City for $125,000 less than the original asking price.

Originally listed for $475,000, Mahomes was able to purchase the 1,800-square-foot pad for $350,000. Today it is estimated to be worth around 500,000.


Patrick Mahomes has already amassed a real estate portfolio of over $8 million.
Patrick Mahomes has already amassed a real estate portfolio of over $8 million.

Mahomes put the property up for sale briefly in 2019, but later removed it.

It has been pegged as “the nicest condo in the building for the best price” and is the only unit with a top roof deck and two car garage.


Terrace leading to roof deck.
Terrace leading to roof deck.
reese nichols real estate

living.
living.
reese nichols real estate

kitchen.
kitchen.
reese nichols real estate

Master bedroom with fireplace.
Master bedroom with fireplace.
reese nichols real estate

Features include granite countertops in the kitchen, California closets in the bedrooms, and wood-burning fireplaces in the living room and master bedroom.

The main living space also boasts high ceilings and a wet bar.

Jodi Steinberg of ReeceNichols Real Estate goes public.

Kansas City, Missouri — $1.8 million main house


The home is 4,300 square feet.
The home is 4,300 square feet.
compass needle

In January 2019, Mahomes spent $1.8 million on a three-bedroom, four-bathroom mansion in Kansas City.

At over 4,300 square feet, the facility sits on 1.4 acres of land.

Dubbed the “modern ranch,” this home features high ceilings, a chef’s kitchen that opens onto the family room, and an office and exercise room.

The master bedroom alone occupies 1,250 square feet.

Outdoor amenities include a pool, hot tub, rose garden, and screened porch.


The family room, living room and owner's bedroom each have a stone fireplace.
The family room, living room and owner’s bedroom each have a stone fireplace.

There is a 500-bottle wine room, a chef's kitchen, and a wet bar.
There is a 500-bottle wine room, a chef’s kitchen, and a wet bar.

The owner's bedroom is 1,250 square feet with a walk-in closet and gym.
The owner’s bedroom is 1,250 square feet with a walk-in closet and gym.

Outside the home, according to the listing, is a screened-in porch, patio, pool, new hot tub, rose garden, and terraced manicured grounds.
Outside the home, according to the listing, is a screened-in porch, patio, pool, new hot tub, rose garden, and terraced manicured grounds.

The residence is a 20-minute drive from Arrowhead Stadium, where the Kansas City Chiefs play and practice.
The residence is a 20-minute drive from Arrowhead Stadium, where the Kansas City Chiefs play and practice.

Built in 1953, the home spent about $500,000 in renovations, according to real estate records.

The home is worth an estimated $2.23 million today.

Tom Suther and Kevin D. Bryant with Compass maintained the list.

Belton, Missouri — $400,000 Vacant Land


The land consists of 8 acres.
The land consists of 8 acres.
Rock Lloyd Residential Real Estate

In September 2020, Mahomes purchased an eight-acre vacant lot in Belton, approximately 30 minutes from Kansas City, through a private LLC.

The final sale price for what he paid remains a mystery, but the property was last listed for $400,000. It seems that the amount was less than the requested amount.

A year later, in 2021, Mahomes built a new home on the property. In 2022, he added a pool.


This house was built on land.
This house was built on land.
google images

A house and swimming pool were later built on the land.
A house and swimming pool were later built on the land.
Cass County

Real estate is worth over $1 million today.

Ashlea Black and Dale Brouk of Loch Lloyd Residential Real Estate held the list.

Westlake, Texas — $3.37 million main house


The home spans approximately 8,000 square feet.
The home spans approximately 8,000 square feet.
Evie Halliday Real Estate Agent

Mahomes made a fortune with his four-bedroom, seven-bathroom mansion in Texas. He purchased from the estate of the late Andrew Gissinger III. Andrew Gisinger III is a former professional footballer for the San Diego Chargers who became president and chief operating officer. National Mortgage Officer. Gischinger also privately ran his equity firm.

Originally listed at $4.26 million, Mahomes was able to pay out $3.37 million in March 2020.

Mahomes lives in this house during the off-season. The quarterback, who led the team to his fifth consecutive AFC championship his game, was born and raised in Texas and played soccer and baseball at Texas Tech University.


Formal living room with wood-burning fireplace.
Formal living room with wood-burning fireplace.
Evie Halliday Real Estate Agent

family room.
family room.
Evie Halliday Real Estate Agent

Formal dining room adjacent to the wine room.
Formal dining room adjacent to temperature controlled wine room.
Evie Halliday Real Estate Agent

the study.
the study.
Evie Halliday Real Estate Agent

Located in the exclusive community of Westlake, this home was newly built in 2014.

With unrestricted views of the Vaquero golf course, this home has been described as an “entertainer’s dream.”

Features a two-story entrance, floating staircase, and wine room.

The private study has a spiral staircase leading to a private loft.

The primary suite, on the other hand, offers panoramic views, spa bath with infinity edge tub, walk-through shower and dressing area.

The kitchen has two large islands, a marble counter and breakfast seating for 12 people.

Over 7,800 square feet, the family room features a gas fireplace that opens out through patio doors.

Other features include a game room, wet bar, expansive balcony, outdoor grills, pool, spa and fire pit.

It is estimated to be worth around $5.5 million today.

Kelly Marcontel, Susan Gilcrest and Evie Halliday Realtors went public.

The Washington Post has reached out to Mahomes’ rep for comment.

Off the field, Mahomes married his high school sweetheart on March 12, 2022. The couple has two children with her, a one-year-old girl and her November-born boy.



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