A more than 17,000-square-foot gated estate in Medina that once belonged to both a felonious businessman and a basketball star sold last month for $4.75 million.
The house, at 1492 Hunter Drive along the east edge of the Twin Cities suburb, most recently housed former Minnesota Timberwolves, now New York Knicks, player Karl-Anthony Towns. He, through a Florida-based entity linked to him, sold it to an anonymous buyer behind the Wild Indigo Revocable Trust, according to a document filed at the end of December with the Minnesota Department of Revenue. The buyer paid cash and plans to use it as a primary residence.
Listing agents Bj LaVelle and Jordan Whitewater of Compass did not respond to requests for comment.
Towns had bought the house in 2018 for $4.52 million, about $1 million less than the asking price at the time. Towns was a popular player with the Wolves for nearly a decade. He was the team’s No. 1 draft pick out of Kentucky in 2015 and won NBA Rookie of the Year in 2016.
He listed the house after his surprise, blockbuster, three-team trade that brought Julius Randle, among others, to Minnesota in October 2024.
One owner prior to Towns, Denny Hecker lived at the property. Hecker was one of the most prominent auto dealers in the Twin Cities who was convicted of fraud in 2011 and spent seven years in prison for costing lenders millions by falsifying loan documents.
After Hecker filed for bankruptcy and lost the Medina home to foreclosure, a Twin Cities money manager and his wife bought the house in 2010 for $3.52 million, nearly half its appraised value.
The home includes more than five acres of land and 200 feet of south-facing shoreline along Mooney Lake. The 120-acre lake has a five-horsepower limit for boat motors and no public boat launch, making it the antithesis of nearby Lake Minnetonka.
