Michael Phelps Buys Waterfront Baltimore Condo

After his historic Olympic performance, gold medalist dives into homeownership.

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How do you properly celebrate a never-before-seen, eight-gold-medal Olympic feat? Buy yourself a condo in Baltimore, apparently.

From TMZ, via The Real Estate Bloggers

Michael Phelps has plunked down $1.69 million for a condo on the waterfront in Baltimore, Md. Here's the headline—practicing in that pool ain't gonna win him any medals. [The websites have photos of a lovely but small swimming pool.]

His new pad is 4,080 sq. ft. ( check out the model in the photos). The complex has a rooftop terrace, a private screening room, a state-of-the-art gym, [and] a clubhouse with pool tables.