Updated

A grand estate in Louisville, KY, that was the final residence of boxing great Muhammad Ali, who died in June, is now on the market for $2.2 million.

The champion boxer was the second owner of this five-bedroom, eight-bath home. He purchased it in 2006 and also owned properties in Scottsdale, AZ, and Michigan.

Listing agent Jennifer Carroll of Semonin Realtors told us properties like this are rare in Louisville. For one thing, the 2001-built home is in a parklike setting on two acres, with a backdrop of wooded privacy. Plus, the home's loaded with luxury perks, including a home gym, home theater (with two-tiered seating and audiovisual components), guest-bedroom wing, and a wine cellar.

Outside, you'll find a lighted basketball court (with a University of Louisville logo; Ali's son is an alum), a pool with a waterfall feature, adjacent pool house, and full kitchen.

Perfect for entertaining, the lower level of the home can be accessed from the second floor via an elevator. "I've never seen a design of a lower-level living space like this," says Carroll, referring to the tiered style. "You would never characterize this area as 'a basement.'"

The hand-blown art glass used for light fixtures, the bathroom vessels, woven veneer wall coverings, and marble and granite throughout are just a few of the additional luxury flourishes the mansion features.

There's also a practical perk for the next owner, too: a four-car garage. "In our market, and in this price range, we would only have a three-car garage. It's not always common to get a four-car garage," says Carroll.

Who will snap up this home, with its legendary pedigree? Carroll says that despite its extravagance, "the home feels very warm and inviting, with an understated elegance." She added, "Our clientele who purchase in this price range all desire to have well-designed and well-appointed living spaces, but also want them to be comfortable and livable."