According to court docs obtained by TMZ … Rice claims he was all set to unload his massive home in Atherton, CA (which Forbes ranked as the 2nd most expensive ZIP code in the US in 2010) … when the buyers decided to pull out at the last minute.
It’s a pretty kick ass home — with 6-bedrooms, 11 baths, a gym and a movie theater. And according to the docs, Jerry was willing to throw in some some of his stuff to sweeten the $11 million deal … including a treadmill, a pilates machines, 2 animal print chairs and more.
According to court docs obtained by TMZ, the buyers signed a contract in which they agreed to close the house by July 15, 2011 … or else forfeit a $330,000 deposit.
Buuuuuuut …. Rice claims the buyers couldn’t seal the deal by the deadline … and BOOM — now he’s suing so he can keep the money without having to sell them the house. Sounds like a great deal for Rice.
Attempts to reach the buyers were unsuccessful.