Dwyane Wade House: His Hidden Hills Estate and the Miami Mansion He Sold

Dwyane Wade’s property record is a clean map of his life after basketball. He spent his career in Miami and owned a waterfront estate there for eleven years. He retired in 2019, and within a year he and his wife, the actress Gabrielle Union, had bought a $17.9 million compound in Hidden Hills, California, moved their family west, and begun selling the Florida and San Fernando Valley properties behind them.

The Miami Beach house sold in June 2021 for $22 million, against the $10.645 million they had paid in 2010. A Sherman Oaks house they had used in the meantime sold the same year for $5.5 million, at a loss. And in late 2024, they added something much smaller and quite different: a $2.6 million beach house on Long Island.

This guide covers each transaction and where he lives now.

Dwyane Wade’s properties at a glance

Property	Location	Key figures	Status
Gated compound, seven-plus bedrooms, 12-car garage	Hidden Hills, California	Bought February 2020, off-market, for $17.9 million	Their primary residence
Waterfront estate	Miami Beach, Florida	Bought 2010 for $10.645 million; listed at $32.5 million; sold June 2021 for $22 million	Sold
Mediterranean-style house	Sherman Oaks, Los Angeles	Bought 2018 for just under $6 million; listed at $6.2 million; sold May 2021 for $5.5 million	Sold at a loss
Beach house, about 3,500 sq ft, three bedrooms	Jamesport, North Fork, Long Island, New York	Bought late 2024 for $2.6 million	Owned
Family home from his first marriage, six bedrooms	South Holland, Illinois	Foreclosed 2014; sold 2016 for about $300,000; destroyed by fire 2018	No longer his

Who is Dwyane Wade?

Dwyane Wade is a retired American basketball player, born in Chicago in 1982 and raised on the city’s South Side and in suburban Robbins, who spent the bulk of a sixteen-season career with the Miami Heat, winning three NBA championships and being selected to thirteen All-Star teams. He retired in 2019 and was inducted into the Basketball Hall of Fame in 2023. He has since become a part-owner of the Utah Jazz and works as a broadcaster and businessman.

He married Gabrielle Union in 2014, and the couple has said publicly that finding a supportive community for their daughter Zaya, at a time when Florida’s politics were moving the other way, was a central reason for moving the family to California.

Every property decision below follows from those two facts: a career centred on Miami, and a family life that moved west once the career ended.

The Miami Beach estate

Wade bought a waterfront estate on Biscayne Bay in Miami Beach in 2010 for $10.645 million, the year he committed to the Heat team that would win two championships. He owned it for over a decade, through the entirety of his prime and into retirement.

Selling it took some doing. It was listed at $32.5 million, an ambitious figure even for Miami Beach waterfront, and it eventually sold in June 2021 for $22 million. That is roughly $10.5 million below the asking price and roughly double what he paid eleven years earlier, which makes it comfortably the most successful transaction in his portfolio.

The gap between $32.5 million and $22 million is the part worth noting. Even in a market that was rising sharply, a very large asking price on a very large house takes a substantial cut to find a buyer.

The Hidden Hills compound

In February 2020, months after retiring, Wade and Union bought in Hidden Hills, the gated community north-west of Los Angeles that has become the standard address for athletes and entertainers who want acreage and controlled access within reach of the city. The purchase was off-market and reported at $17.9 million.

Reported details of the house vary between sources in a way that is worth flagging. Bedroom counts are given as seven or nine, bathrooms as nine or thirteen, and the floor area as either around 17,000 square feet or more than 22,000. No authoritative figure has been published, and this article does not pick one. What is consistent across the coverage is the amenity list: a home cinema, a wine-tasting room, a fitness room with spa and sauna, a swimming pool with a cabana, and garaging for around twelve cars.

Hidden Hills is a small community with a very high concentration of this kind of property, and its residents have included a long list of names covered elsewhere on this site, among them Kris Jenner and, until he sold his estate there, Drake.

The Sherman Oaks house they lost money on

Before Hidden Hills, the couple had a Mediterranean-style house in Sherman Oaks, in the San Fernando Valley, bought in 2018 for just under $6 million.

They listed it at $6.2 million, and it sold in May 2021 for $5.5 million, the figure reported by the Los Angeles Times; one outlet put it at $5.7 million. That is a loss of roughly $500,000 before agent commissions, transfer costs and the expense of holding it, so the real shortfall was larger. It is a useful counterweight to the Miami result: the same buyers, in the same period, produced one large gain and one clear loss, which is closer to how property actually works than the usual celebrity-real-estate narrative allows.

The Long Island beach house

In late 2024, Wade and Union bought something entirely different in character: a beach house of about 3,500 square feet in Jamesport, on the North Fork of Long Island, with three bedrooms, three bathrooms and private frontage on Long Island Sound, for $2.6 million.

It changed hands off-market. The sellers were Stuart Elliott, chief executive of The Real Deal, and his wife, the author Julie Satow, who had bought a 1940s cottage on the site as a teardown and built the present house in 2020. It had already been featured in design magazines before the Wades bought it.

At roughly a seventh of what they paid for Hidden Hills, this is not a trophy purchase. The North Fork is the quieter, more agricultural side of eastern Long Island, considerably less expensive and less exposed than the Hamptons across the bay. It reads as a family holiday house rather than an investment or a statement.

The Chicago-area houses

Before Miami there was Chicago, where he grew up, and the property record there is less tidy. During his first marriage, to Siohvaughn Funches, the family home was a 7,847-square-foot, six-bedroom house in South Holland, a south suburb on the Dolton border, with a home theatre, a pool house and an outdoor basketball court. Accounts differ on how much time Wade himself spent there. After the divorce, the house went to his former wife, and the lender foreclosed on it in 2014.

By the summer of 2016, it was on the market for $350,000, a fraction of what a house that size would normally command, and it sold that year for about $300,000. In October 2018, it was destroyed by an explosion and fire that investigators treated as arson.

His return to Chicago as a player was handled differently. For his single season with the Bulls, in 2016–17, he and Union rented a Gold Coast mansion of around 11,000 square feet whose exterior had appeared in the 1980s sitcom Webster. They never owned it, and it sold in 2022 for $5.8 million.

Where does Dwyane Wade live now?

Hidden Hills, California, full-time.

The evidence is unusually complete for a current-residence question. He bought there in February 2020, and there is no report of a sale or listing. He sold both of the properties that would have competed with it, in Miami Beach and Sherman Oaks, within eighteen months of moving in. He and Union have discussed the move publicly and framed it as a permanent relocation for the family rather than a work-driven one. And his post-playing business interests, in broadcasting and media, are centred on Los Angeles rather than Florida.

The Long Island house is a second home, bought four years later and far too small to be anything else. Nothing in the record suggests he retains property in Florida or Illinois. Other basketball families have made the same move in the same direction and for similar reasons, as the coverage of Savannah James’s Beverly Hills estate shows.

Sources

• The Real Deal on the June 2021 Miami Beach sale at $22 million, the 2010 purchase price, and the original asking price.
• The Real Deal on the 2024 Jamesport purchase, the sellers, and the house’s history.
• Yahoo Sports on the South Holland house, its foreclosure and its 2016 listing, and CBS Chicago on the October 2018 fire.
• The Real Deal on the Gold Coast mansion he rented while with the Bulls and its 2022 sale.
• Hello! on the Hidden Hills compound and its features.
• ClutchPoints on the Sherman Oaks listing and sale.
• Wikipedia for the family’s relocation to California and biographical details, cross-checked against contemporaneous reporting.