Reality TV show host and entrepreneur Marcus Lemonis on Monday sold his five-bedroom, 8,225-square-foot mansion in Lake Forest for $2.7 million.
Lemonis, 42, paid $4.936 million for the mansion in 2005. He first listed it briefly in 2008 for $6.7 million and later relisted it in 2011 for $4.995 million before several price cuts. He then relisted it in 2014 for $4.1 million before taking it off the market. He put it back on the market on May 23 for just below $3 million.
Now, Lemonis, who hosts the CNBC show "The Profit" and also runs several recreational vehicle-oriented businesses, has taken a loss on the French Normandy-style house. Built in 1931 and rebuilt in 2004, the stucco mansion has five en suite bedrooms, a library with wood paneling, a dining room with parquet floors, a theater room, a sauna, an exercise room, a wine cellar, and an octagonal, four-season sunroom. The 1.89-acre parcel has a bluestone patio and manicured grounds.
Lemonis continues to own property in Lake Forest. Lemonis' listing agent, Jane Hall, did not respond to requests for comment.
Bob Goldsborough is a freelance reporter.