The Tool Desk
Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →Kevin James sold his Delray Beach home in 2023 for a reported $12.67 million, below the $14 million he reportedly paid in 2021. That is a $1.33 million gross difference—not proof that he lost millions overall. The available reports do not establish his net result after transaction costs and the expenses or income of owning the property.
How much did Kevin James sell the house for?
Realtor.com reported that the home sold in May 2023 for $12.67 million. The Los Angeles Times had reported that James paid $14 million for it in 2021, so subtracting the reported sale price from the reported purchase price gives a nominal $1.33 million difference before costs. The Los Angeles Times reported the purchase; Realtor.com reported the completed sale.
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Why the asking prices do not change the sale calculation
The home was initially listed for $15.95 million, according to the Los Angeles Times in February 2021. Realtor.com later reported a $19.95 million asking price in May 2022. Neither figure is a completed sale price. The reported $12.67 million sale—not either asking price—is the relevant figure for comparing the 2021 purchase with the 2023 resale. Realtor.com covered the 2022 listing.
Does the $1.33 million difference establish his actual loss?
No. It compares two reported prices and does not account for the costs or returns associated with owning and selling the home. The reports do not provide figures for closing costs, taxes, financing, property taxes, maintenance, insurance, or rental income, so they do not establish a net gain or loss. The accurate conclusion is narrower: the reported resale price was $1.33 million below the reported purchase price before those other factors.
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What was the Delray Beach home like?
The Los Angeles Times described an approximately 11,500-square-foot main house with six bedrooms, 7.5 bathrooms, a one-bedroom guesthouse, and a swimming pool; its report put total living space at nearly 19,000 square feet. Realtor.com described an 11,502-square-foot coastal contemporary with six bedrooms and 10 bathrooms, along with a saltwater pool and spa, an outdoor kitchen, a wine cellar, an elevator, and a guesthouse above a five-car garage. The bathroom counts differ between the reports and should not be treated as a reconciled figure.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Do not confuse it with James’s earlier Delray Beach mansion
The $26.38 million sale sometimes associated with James’s Delray Beach real estate history concerned a different mansion. Realtor.com reported that he bought that separate property for $18.5 million in 2012 and sold it for $26.38 million in 2016. Those figures do not belong in the math for the house he bought in 2021 and sold in 2023.
Quick Recap
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