Former Memphis Grizzlies star Zach Randolph has finally offloaded his sprawling Los Angeles home for $7.4 million—11 months after listing the property for the much higher price of $8.5 million.
The 44-year-old—who played 17 seasons in the NBA before deciding to end his time on the court—first decided to part ways with the 8,500-square-foot dwelling in September 2024.
Since then, the property has come on and off the market multiple times, with the asking price steadily decreasing, first to $8.2 million in January of this year, then to $7.9 million just two months later.
The modern six-bedroom, 10-bathroom Encino dwelling was relisted for the final time in March—ultimately finding a buyer five months later, with records revealing that the NBA legend accepted an offer of $7.4 million for the home.
Located in the “prestigious Amestoy Estates community,” the custom-built trophy estate was described in its original listing as being “the pinnacle of luxury living.” It was also designed with a fortified concrete exterior and other non-combustible materials to protect it from “extreme heat and ember exposure” in the event of wildfires.
Randolph has finally offloaded his sprawling Los Angeles home for $7.4 million—seven months after listing the property.
The 44-year-old—who played 17 seasons in the NBA before deciding to end his time on the court—first decided to part ways with the 8,500-square-foot dwelling in September 2024 for $8.5 million.
However, just one month later he removed the listing before listing it again in November 2024. The iconic athlete then decreased his asking price to $8.2 million on Jan. 16, before once again swiping it off the market a mere one day later.
Randolph once again decided to try to sell the pad in March 2025 and lowered his asking price to $7.9 million. He ultimately sold the opulent for $7.3 million, Realtor.com® can exclusively reveal.
The home was sold by Rod Watson, Laura Watson, and Renecia Watson, of Distinct Concierge, which specializes in sports and entertainment real estate. It was purchased by a high-level energy company mogul, who relocated from Houston to the popular celebrity enclave of Encino, a source revealed to Realtor.com.
That buyer’s name has not been revealed, however.
Speaking to Realtor.com about the sale, Rod, Distinct Concierge’s CEO, explained that his agency prides itself on its discretion, which has helped it to become one of the go-to companies for high-profile home owners looking to sell their property.
“We were entrusted with this listing because of our track record as proven real estate advisors for NBA and NFL professionals who value discretion, strategy, and results,” he explained.
“Our team understands how to position luxury estates like this in a way that speaks to elite buyers.”
Watson revealed that his team turned to AI in order to help the home’s listing truly shine, adding: “We leveraged cutting-edge AI video content and targeted digital marketing to spotlight the home’s most compelling features and that strategy paid off.
“The estate captured serious attention early on, leading to a successful sale at $7,350,000 in one of L.A.’s most coveted celebrity neighborhoods.”
The home was sold by Rod Watson, Laura Watson, and Renecia Watson, of Distinct Concierge, which specializes in sports and entertainment real estate.
The basketball legend, who became a two-time All-Star while with the Tennessee-based team, snapped up the home brand new in 2019 for just under $5.2 million, using a trust.
The property’s sale set a remarkable record for price per square foot in Amestoy Estates, at $864.70.
The dwelling boasts an impressive modern facade and comes complete with six bedrooms, 10 bathrooms, and a primary suite with a “boutique-style walk-in closet,” the listing stated.
Basketball legend Randolph, who became a two-time All-Star while with the Tennessee-based team, snapped up the home brand new in 2019 for just under $5.2 million, purchasing it via a trust.
The property’s sale set a remarkable record for price per square foot in Amestoy Estates, at $864.70.
The dwelling boasts an impressive modern facade and comes complete with six bedrooms, 10 bathrooms, and a primary suite with a “boutique-style walk-in closet,” the listing stated.
Inside, there are floor-to-ceiling windows and wide-plank floors that emphasize the home’s open floor plan.
It comes with several amenities, including a sauna, a gym, a home theater, a full bar, a library, and even a panic room complete with a vaulted door.
Their is also a chef’s kitchen with state-of-the-art appliances and stone countertops.
The lavish home also features glass pocket doors that open to the lush, greenery filled backyard, alongside their resort-style pool, an outdoor kitchen, a fire put, and a full-size basketball court—something Watson said that the new buyer was desperate for.
Inside, there are floor-to-ceiling windows and wide-plank floors that emphasize the home’s open floor plan.
It comes with several amenities, including a sauna, a gym, a home theater, full bar, library, and even a panic room complete with a vaulted door.
Their is also a chef’s kitchen with state-of-the-art appliances and stone countertops.
In addition to playing for the Grizzlies, Randolph also shot hoops for the New York Knicks, Los Angeles Clippers, Portland Trail Blazers, and Sacramento Kings.
The athlete’s jersey number, No. 50, was the first jersey that the Grizzlies ever retired.
There are also several balconies and shrubs outside the gated property that offer peak privacy.
Laura revealed that they handled Randolph’s home with care, as they do every home, noting that “in this market, reputation and relationships matter. Athletes trust us because we understand the pace, pressure, and priorities of their lifestyle and we bring that same championship mindset to every deal.
“This wasn’t just about selling a home, it was about protecting our client’s legacy and maximizing their investment. That’s the level we play at.”
Laura and Rod’s daughter, Renecia, who helps her parents expand their real estate brand and tech startup, CreatorAI, echoed Laura’s statement, noting, “For us, it’s not just about closing deals, it’s about creating an experience our clients can trust from start to finish.
“With this estate, we focused on curating the story behind the home and showcasing it through elevated, tech-driven content that resonates with today’s luxury buyer. As the next generation in this family business, I’m proud to bring a fresh perspective that blends innovation, culture, and concierge-level service our clients truly value.”
In addition to playing for the Grizzlies, Randolph also shot hoops for the New York Knicks, Los Angeles Clippers, Portland Trail Blazers, and Sacramento Kings.
The athlete’s jersey number, No. 50, was the first jersey that the Grizzlies ever retired.