Deion Sanders' Former Mansion Will Be Crown Jewel of a New Development

  • Deion-Sanders

    Deion-Sanders  (2016 Getty Images)

  • Bowling alley

    Bowling alley

  • The grand entrance

    The grand entrance

The former mansion of NFL Hall of Famer Deion Sanders sold at auction in November 2014 for a measly $4 million, but now the most expensive home in Prosper, TX, is back on the market for $12.75 million.

What was once a 112-acre parcel has now been chopped down to a more manageable six-acre lot. The land around the home once owned by the man known as Prime Time was purchased by a developer, and a gated 25-home community is planned for those 100-plus acres. The home formerly owned by the two-way threat will then become "the crown jewel of the new development," according to listing agent David Gloria.

The Sanders home will sit at the end of a cul-de-sac, offering an air of exclusivity within the new development. And with neighbors on the way, Gloria says, "this phenomenal property is no longer going to be out in the boonies."

The agent told us the roads are being graded in preparation for the exclusive community that's going to be dubbed Montclair. The homes in the gated community will start in the $1 million range and ramp up toward a $4 million price tag.

The Sanders home has been rebranded as Chateau Montclair. Whoever high-steps up to purchase the home will buy a "property you can't reproduce for the price" according to Gloria. Plus, with housing sprouting up around Chateau Montclair, Gloria says, "there's going to be value added around the home."

The enormous nine-bedroom home is as long as three football fields -- 300 feet, to be exact -- which, unlike the elusive Sanders, makes it a tough home for anyone to miss. And at a price of only $438 per square foot, the 29,122-square-foot estate is a relative bargain as far as Gloria is concerned.

The home -- which features a two-story, 3,000-square-foot closet, a bowling alley, and an indoor football facility -- hasn't been occupied since Sanders vacated it after his divorce, the agent says. A property manager keeps tabs on the mansion, but it awaits an owner who's really ready to step into the bright lights of Prime Time.