Andy Enfield, the head coach for the University of California's men's basketball team, has reportedly sold his Fort Myers, Fla., home for $597,500, taking a full $127,500 loss on the deal.
TMZ first broke news of the sale.
According to public records, Enfield purchased the home for $725,000 in June 2011. The residence was flipped five months later for $759,900. Failing to sell then, the price tag was discounted to $624,500 in 2012, and ultimately sold for $27,000 less than the asking price.
The residence is a 3,420-square-foot, single-family home with four bedrooms, three full and one half bathrooms.
Interiors of the home include hardwood flooring, high ceilings, floor-to-ceiling glass windows, a children's playroom, a breakfast nook and a chef's kitchen. Outside, the home has a large pool and spa, an attached three-car garage and a sitting area.
The listing described the home as a "maintenance-free single-family home" located in "a perfect location in the heart of Ft. Myers in the renaissance."
Check out the photos of the home here.
Enfield's considerable hit on the home's sale hasn't dampened his professional spirit. Even though the Trojans recently lost their first five pac-12 games by 18 points, Enfield is looking at the silver lining, reports the Daily News.
"We've improved defensively. The last four games we held opponents to 40 percent shooting. Each team (in the Pac-12) has three to four talented offensive players and eight to nine talented overall players. Every night we face one to two players who average 17-18 points a game," Enfield explained.
"Definitely you have to perform at a certain level for a chance to win. It was reinforced over the past 20 games," he added.
Pat Haden, athletic director at USC, echoed Enfield's opinions.
"Everyone wants to see our men's basketball program be successful, but it is not going to happen overnight."