Chauncey Billups has quietly unloaded his Oregon property as his legal situation continues to unfold.
Public records obtained by Oregon Live show the Portland Trail Blazers head coach—currently on unpaid leave—has sold his Lake Oswego home after listing it for $4.275 million in late November. The property went pending in early December, just weeks after federal agents arrested Billups at the residence.
The 7,366-square-foot home sits on 1.74 acres in the Forest Highlands neighborhood and was purchased in July 2021 for $3.9 million, shortly after Billups was introduced as the Blazers’ head coach. Records indicate the purchase was made through an LLC tied to Billups.
The home, built in 2002, is described in its Redfin listing as a gated Georgian-style estate featuring a chef’s kitchen outfitted with Wolf, Sub-Zero, and Miele appliances, a main-floor primary suite, multiple ensuite bedrooms, and an expansive lower level with a home theater, gym, wine cellar, and kitchenette.
Outside, the property includes a lagoon-style pool and spa with a tiered waterfall, a fire pit, landscaped grounds, and a private golf practice area with a green and bunker. A three-car garage and gated entry complete the estate.
The sale comes as Billups faces federal charges, including money laundering and conspiracy to commit wire fraud.
Prosecutors allege the 49-year-old Hall of Fame guard was involved in recruiting bettors to participate in illegal, Mafia-backed poker games in cities including New York, Las Vegas, Miami, and the Hamptons. Authorities say the investigation spanned multiple years and led to more than 30 arrests across 11 states.
Following his October arrest, the NBA placed Billups on unpaid leave, and the Trail Blazers named assistant coach Tiago Splitter as acting head coach. While Billups signed a three-year contract extension with Portland in April, he is not collecting a salary while the case proceeds.