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  •   This Just In: Michael Phelps Cashes in His Winnings ‹ Back To Story

     
    Related: This Just In, baltimore, 2008 olympics, olympics, michael phelps, maryland
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    This Just In: Michael Phelps Cashes in His Winnings
    Aug 25 2008 - 4:30am Olympic golden boy Michael Phelps has just acquired a crave worthy pad, paying $1.69 million for a 4,080-square-foot condo overlooking Baltimore's revitalized Harborfront, according to the Maryland Leader. The pad features amenities sure to win over any young Olympian, such as a rooftop terrace with fireplace, a private screening room, a state-of-the-art gym, a clubhouse with pool tables, and a Jacuzzi. He also recently purchased the Meadowbrook Swim Club and Northwest Ice Rink in Baltimore, which he and his coach plan to turn into an elite Olympic training center, and on the car front, he has been looking at "some Aston Martins and some Maseratis."
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    11 Comments Post a Comment

    lenepocket's picture
     
    lenepocket [+]

    WOW good for him! I just hope that all this money doesn't go to his head!!! He seems like a nice well rounded respectful young man!
    Let him keep his mom proud!
    Smiling

    1
    Mon, 08/25/2008 - 6:13am Report Comment
    RosaDilia's picture
     
    RosaDilia [+]

    Great for him! Well deserved.

    2
    Mon, 08/25/2008 - 6:37am Report Comment
    mondaymoos's picture
     
    mondaymoos [+]

    I'd like to roll my eyes at the Maseratis and Aston Martin's... but he's still just a young guy... and that's the kind of thing they go for. Good for him. The house is beautiful. Smiling

    3
    Mon, 08/25/2008 - 8:27am Report Comment
    kathili's picture
     
    kathili [+]

    Oh new money indeed, but he's def earned it! Hope his training center aspirations work out like Michelle Kwan's.

    4
    Mon, 08/25/2008 - 10:14am Report Comment
    CannavaroLover's picture
     
    CannavaroLover [+]

    BRAVO Michael! Great buy, way to stay true to your roots and stay in Bmore! I love it! Well deserved is RIGHT!

    5
    Mon, 08/25/2008 - 10:58am Report Comment
    lawchick's picture
     
    lawchick [+]

    WOW on the home! I hope he has a financial advisor because he's going to need one!

    6
    Mon, 08/25/2008 - 11:44am Report Comment
    geenbean's picture
     
    geenbean [+]

    I admit I'm a Baltimore hater after living there for school, but Fell's Point is a cool neighborhood and it is great he is sticking to his roots in his hometown...

    7
    Mon, 08/25/2008 - 9:15pm Report Comment
    ninjastarlett's picture
     
    ninjastarlett [+]

    His place is really, really nice. The home theater is amazing.

    8
    Tue, 08/26/2008 - 2:19pm Report Comment
    sparklestar's picture
     
    sparklestar [+]

    fapfapfap

    9
    Wed, 08/27/2008 - 3:46am Report Comment
    tiabia's picture
     
    tiabia [+]

    Nice place!!! He definitely deserves it. Hope he keeps his very grounded attitude!!!

    10
    Wed, 08/27/2008 - 11:55am Report Comment
    sparkleluvr's picture
     
    sparkleluvr [+]

    Looks like a nice place, and he should definitely go with an Aston instead of a Maserati. It's cool how he is also giving back, by renovating those places and turning them into a training center. I mean, I'm sure he'll make plenty of dough off of the project as well, but it's nice to give back too.

    11
    Tue, 09/02/2008 - 3:45pm Report Comment

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