But there is no denying that this is just the start of his real estate investments if he keeps up this pace. And he has plenty of funds to do it.Mahomes signed a 10-year, $503 million contract with the Chiefs in August 2020
December 2017, Mahomes purchased his first home — a two-bedroom, three-bathroom condo in Kansas City, for which he paid $125,000 less than the initial asking price.
Originally listed for $475,000, Mahomes was able to buy the 1,800-square-foot pad for $350,000. It is estimated to be worth about half a million today.
Mahomes briefly listed the property for sale in 2019, but later removed it.
Pegged as the “nicest condo in the building for the best price,” it’s the only unit to have a top roof deck and a two-car garage.
Features include granite countertops in the kitchen, California closets in the bedrooms, and woodburning fireplaces in the living room and primary bedroom.
The main living space also boasts high ceilings and a wet bar.Jodi Steinberg with ReeceNichols Real Estate held the listing.January 2019, Mahomes shelled out $1.8 million for a three-bedroom, four-bathroom mansion in Kansas City.
Spanning over 4,300 square feet, the property is situated on 1.4 acres of land.
Described as a “contemporary ranch,” features of the home include tall ceilings, a chef’s kitchen that opens out to the family room, and an office and exercise room.
The primary bedroom occupies 1,250 square feet alone.
Outdoor features include a pool, a hot tub, a rose garden and a screened porch.
The estate is worth more than $1 million today.