In 2001, Reggie Miller paid $5.3 million for his Malibu mansion, buying the oceanfront home from former Yankees slugger Danny Tartabull. The former Pacers star now owns several luxury homes that show how he went from NBA superstar to TV personality. That Malibu home is probably worth $10–15 million now, helping push his net worth to around $80 million.
Malibu House: Modern Living by the Pacific
1. Location and History
Miller bought the Malibu home in June 2001 from Danny and Kellie Tartabull. They had paid about $2.5 million in 1994, so Miller’s $5.3 million price showed how much Malibu values had risen.
The timing proved strategic. Miller was entering his prime years with the Pacers, and California offered the perfect retreat from Indiana winters. The purchase also positioned him well for his post-retirement media career, placing him near entertainment industry connections that would later benefit his work with TNT Sports.
2. Exterior & Grounds
The three-story house sits on 1.3 acres of gated yards with ocean views. It was built in 1990 in a Mediterranean style, with open outdoor spaces that face the Pacific.
The grounds include professional landscaping that complements the natural coastal environment. A resort-style pool serves as the centerpiece of the outdoor living areas, while the gated entry provides privacy essential for a high-profile resident. The elevated position takes full advantage of Malibu’s dramatic topography, offering unobstructed views that stretch across the Pacific horizon.
3. Interior Highlights
The mansion encompasses slightly more than 8,400 square feet across seven bedrooms and nine bathrooms. The 2,700-square-foot master suite has two seating areas and a marble fireplace. It’s bigger than many whole houses.
The home includes a gym, game room/media room, and detached guest house, creating multiple entertainment zones throughout the property. The floor plan balances private spots and gathering rooms, so Miller can host friends while still having quiet space. High-end finishes throughout reflect the quality expected in premium Malibu real estate.
4. Neighborhood & Lifestyle
Malibu gives Miller both nice scenery and privacy. It’s 27 miles of coastline mean beaches, surfing, and seaside spots to eat. Nearby shops and restaurants keep things low-key for famous residents.
The location also serves Miller’s professional needs. Proximity to Los Angeles studios makes his TNT Sports commitments manageable, while the coastal setting provides respite from the entertainment industry’s intensity. Malibu’s tight-knit celebrity community offers both networking opportunities and genuine friendships away from public scrutiny.
Fishers House: Classic Indiana Luxury
1. Location & Lakefront Setting
Miller’s former Fishers estate was located on Geist Reservoir, northeast of Indianapolis. The 1,900-acre lake serves as a popular destination during summer months, making it an ideal setting for an athlete seeking both luxury and recreation.
Fishers has good schools and a close-knit vibe near Indianapolis. It let Miller stay close to Indiana basketball while living in a nicer suburb.
2. History & Events
On May 15, 1997, a devastating fire destroyed Miller’s 14,000-square-foot lakefront home. Police ruled the fire a $2.9 million, so Miller offered a $10,000 reward for tips. He and his wife Marita weren’t home when it happened.
Miller lost most of his memorabilia and Marita’s $45,000 wedding ring. He thought about retiring, but coach Larry Bird talked him out of it. The Pacers then went 58-24 in 1997–98.
3. Exterior & Amenities
The rebuilt estate eventually grew to 15,000 square feet, reflecting Miller’s commitment to Indiana despite the traumatic fire. The lakefront location provided private dock access and wide lake views to match any waterfront home. The architectural style blended traditional Midwest sensibilities with luxury amenities befitting an NBA superstar.
The expansive grounds included multiple entertainment areas designed for both family living and hosting team events. The property’s scale allowed for guest accommodations while maintaining intimate family spaces. Professional landscaping enhanced the natural lakefront setting, creating seamless indoor-outdoor living.
4. Interior Layout & Features
The rebuilt home featured multiple floors designed to take advantage of the reservoir views. Specialty rooms included a home theater perfect for watching game film and a wine cellar for entertaining. Built-in details showcased high-end craftsmanship throughout, while panoramic windows brought the lake’s changing seasons indoors.
The house had offices for his side businesses and spots like a home theater and gym for downtime. High-end woodwork and finishes matched other top houses on Geist Reservoir.
Comparing Malibu & Fisher’s Homes
The Malibu home spreads out its 8,400 square feet with a Mediterranean look to fit the coast. In Fishers, the 15,000-square-foot house had a more classic Midwest style, with big rooms for hosting and family areas.
Malibu’s design maximizes ocean views and outdoor living, while the Indiana property focuses on lakefront access and seasonal adaptability. Both properties reflect Miller’s appreciation for natural settings, whether Pacific coastline or Midwest lakefront living.
| Feature | Malibu Estate | Fishers Mansion |
|---|---|---|
| Purchase Price | $5.3 million (2001) | $2.9 million (original), Listed at $7.5 million |
| Square Footage | 8,400+ sq ft | 15,000 sq ft |
| Bedrooms | 7 | Multiple (exact number varies by rebuild) |
| Bathrooms | 9 | Multiple |
| Lot Size | 1.3 acres | Lakefront property |
| Architectural Style | Mediterranean/Modern | Traditional Midwest Luxury |
| Built Year | 1990 | Original destroyed in 1997, rebuilt |
| Key Features | Ocean views, pool, gym, game room, guest house | Lake views, private dock, home theater, wine cellar |
| Master Suite | 2,700 sq ft with marble fireplace | Panoramic lake views |
| Location | Coastal Malibu, CA | Geist Reservoir, Fishers, IN |
| Current Status | Primary residence | Sold in 2011 for $4.5 million |
| Estimated Current Value | $10-15 million | N/A (no longer owned) |
| Property Type | Gated coastal estate | Lakefront estate |
| Climate | Year-round mild | Four-season |
| Privacy Level | Gated with celebrity neighbors | Exclusive lakefront community |
| Proximity to Work | Near LA studios (TNT) | Close to Indianapolis (former Pacers) |
| Outdoor Amenities | Pool, landscaped grounds, and ocean access | Pool, dock, lake access, extensive grounds |
| Entertainment Spaces | Game room, media room, multiple patios | Home theater, wine cellar, and entertaining areas |
| Previous Owner | Danny Tartabull (Yankees) | Built by Miller |
| Notable Events | Ongoing residence | 1997 arson fire, near retirement consideration |
The Malibu property’s potential appreciation from $5.3 million to $10-15 million demonstrates the strong performance of premium coastal real estate. Miller’s timing in entering the Malibu market proved exceptionally fortunate, capturing decades of California coastal appreciation.
The Fisher’s market offered different dynamics, with the eventual sale below the listing price reflecting regional economic factors. However, both investments provided luxury living while building long-term wealth through strategic real estate ownership.
Conclusion
Miller put Malibu on the map for athletes and made Fishers look good by sticking with the area even after he sold that house.
The tragic fire incident created lasting community bonds in Fishers, where residents rallied around their basketball hero during his darkest moment. Miller’s description of Indiana as his “second home” reflects relationships that transcend real estate ownership, creating a legacy that endures regardless of property holdings.
Miller’s real estate journey mirrors his basketball career: strategic, successful, and marked by genuine connections to the communities he chose to call home. Whether enjoying Pacific sunsets in Malibu or supporting Indiana basketball from afar, these properties represent more than luxury real estate—they embody the life of an athlete who successfully transitioned from sports superstar to media icon while maintaining the relationships that matter most.
