LeBron James’ property in Bath Township is about to undergo a small makeover.
James has sought — and received approval — from Summit County Council to combine the two adjoining properties he owns in Bath Township into one.
And by doing so, officials say, it clears the way for the Miami Heat player to move ahead with a proposed construction project on his Idlebrook Drive property.
The move to make the two properties one may also help him financially.
“The advantage is getting one tax bill and a break on special assessments,” said Ray Valle, director of real estate for the county. The county had to sign off on the request since the property is in the township. The request also had to go through the township zoning department, county engineer’s office and county planning department.
James purchased the site of his eventual home in Bath Township on Idlebrook Drive in 2003 for $2.1 million.
Three years later, the mortgage was transferred to Rachael Investments LLC, his investment firm. Property taxes for the property are mailed to an accountant firm in Chicago that caters to wealthy individuals. Also in 2006, James purchased an adjoining piece of property on Crystal Lake Road for $425,000.
When James bought his Idlebrook Drive property, he razed the existing home two years later. He transformed the 5.5-acre property and built a 19-room home that includes six bedrooms, eight full bathrooms and six half bathrooms, a recording studio, a two-lane bowling alley, a casino, theater, sports bar, aquarium, barbershop and a master bedroom suite with a two-story walk-in closet. He went from an existing home that was 9,439 square feet to a dream house of 30,106 square feet.
James has not informed township officials about what he plans to build on the 1-4-acre property along Crystal Lake Road, but records in Bath Township indicate that he plans to tear down the existing home.
County property records show the home that will be torn down is 2,989 square feet with five bedrooms.
According to an application filed in Bath Township with the Board of Zoning Appeals, James wants to build a “one-story accessory structure” on the property that will be 6,480 square feet. He has hired the architectural firm of Charles Klinkenberg in Medina to build that structure.
Marilyn Miller can be reached at 330-996-3098 or email@example.com.