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Tony Gwynn's Poway home sells for $1.4 million

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Posted at 2:18 PM, Dec 19, 2019
and last updated 2019-12-19 17:20:37-05

SAN DIEGO (KGTV) — The former home of San Diego Padres icon Tony Gwynn has finally found a buyer.

"Mr. Padre's" Poway home, that had since been foreclosed, was sold on Dec. 13 for $1,429,500, according to Realtor.com.

The two-acre residence was placed on the auction block in June starting at $2.2 million. The posted legal notice said that $2.5 million was still owed on the home.

After the auction failed to find a new owner, the lender took control of the property.

RELATED: Family of MLB legend Tony Gwynn settles tobacco lawsuit

When the home remained empty, suspicious activity and reported squatters took up residence inside the estate. In January, the San Diego County Sheriff's Department said they had received nearly half a dozen reports about trespassers at the address over the past few weeks.

Realtor celebrity reporter Erik Gunther said the steady price cuts on the property encouraged the new buyer to "take a swing" at the home.

"After a drawn-out debacle involving squatters and foreclosure, the former home of Hall of Famer Tony Gwynn finally has a new owner," Gunther wrote. "The bank whiffed with their initial price of $2.12 million, but a steady number of price cuts over the past few months finally encouraged a buyer to take a swing at rehabbing the baseball legend's home."

The 7,370-square-foot home features seven bedrooms, 5.5 baths, living room with fireplace, a spacious kitchen and dining room, and its grounds include a basketball court and a pool with a spa.

Bad investments by Gwynn caused the MLB legend to file for bankruptcy in 1987, which may have played a role in difficulties holding on to the property after his death from cancer in 2014. The Gwynn family had owned the residence since 1991 for the bank took ownership, according to Realtor.