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Ted DiBiase, the former professional wrestler, has placed his lakeside home in Madison, MS, on the market. The ostentatious grappler once known as the “Million Dollar Man” is seeking $1,575,000 for the French Colonial retreat.
He and his family were recently named in a report by the Mississippi auditor’s office as recipients of anti-poverty funds that were misspent on items unrelated to assisting the poor.
On 1.42 acres overlooking Reunion Lake, the “thoughtfully designed” residence covers nearly 6,000 square feet. Built in 2010, the home features five bedrooms and 5.5 baths, with a floor plan designed to take in lake views.
The main level includes a large foyer, private study, formal dining room, and living room. The family room is adjacent to a large kitchen with high-end appliances and finishes.
The master suite features vaulted ceilings and floor-to-ceiling windows that offer lake vistas. In addition, there’s also a guest suite, as well as a play room and laundry room.
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Over the garage, there’s a space filled with entertainment options. The area includes a private theatre, billiard-room, exercise room, and bathroom.
Outdoors, the private grounds boast a sprawling back porch, with outdoor kitchen, pool, spa, and fireplace with views of the lake. By the water, there’s a boathouse with double boat slip, kitchenette, and bar area for throwing parties.
Now 66, the WWE Hall of Famer was known for his trademark evil laugh and for wearing a championship belt emblazoned with dollar signs. He held 30 titles during his professional wrestling career.
Later, he became an ordained minister and formed a nonprofit in Mississippi called Heart of David Ministry.
That organization has come under fire for reportedly receiving over $2 million in federal anti-poverty funds, which are intended to assist needy families. Instead, a state audit found that the funds were paid for work that allegedly did “little or nothing to help the poor,” the New York Times reported.
Walt Bowie with Bowie & Co Real Estate holds the listing.
The post Amid Audit Scandal, WWE Hall of Famer Ted DiBiase Lists $1.6M Lakeside Mansion appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/celebrity-real-estate/wwe-ted-dibiase-selling-lakeside-mansion/
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