Nike cofounder Phil Knight was just ranked No. 16 on Forbes 400 list. With a current estimated net worth of $35.9 billion, real estate is just a drop in the bucket for him.

Earlier this year, The Real Deal reported that he'd unloaded a plot of land in La Quinta's exclusive Madison Club. According to the Los Angeles Times, the property was flanked by fairways and purchased by the now-billionaire for $2.5 million a decade ago. In March, Knight sold the parcel for $2 million.

Read more: Nike founder Phil Knight only hired accountants and lawyers to lead the company in its early days — here's why

Now, he's selling his nearby three-bedroom, three-bathroom home on the grounds of La Quinta Resort and Club community for $1.55 million. 

According to the property's listing, it boasts an open floorplan, plenty of natural light, and breathtaking mountain views in addition to golf course views. The 4,437-square-foot home sits on the 12th fairway of La Quinta Resort and Club's Mountain Course.

Keep reading for a look inside the home. Kay Bastasini of Desert Vintage Realty holds the listing.

Phil Knight, the founder and premier shareholder of Nike, has an estimated net worth of $35.9 billion.

Christian Petersen/Getty Images

Source: Forbes

He just listed a 4,437-square-foot home in La Quinta, California, for $1.55 million.

Courtesy of Desert Vintage Realty

Source: Los Angeles Times

The home is located on the 12th fairway of La Quinta Resort and Club's Mountain Course. It offers uninterrupted views of the area's leading golf destination.

Courtesy of Desert Vintage Realty

Source: Desert Vintage Realty via Zillow

The home is separated from the fairway by light landscaping.

Courtesy of Desert Vintage Realty

Source: Desert Vintage Realty via Zillow

The patio has both a pool and a spa.

Courtesy of Desert Vintage Realty

Source: Desert Vintage Realty via Zillow

The home is equipped with floor-to-ceiling windows and sliding doors to ensure maximum natural light.

Courtesy of Desert Vintage Realty

Source: Desert Vintage Realty via Zillow

The open floor plan connects the foyer, the living room, the dining room, and the kitchen.

Courtesy of Desert Vintage Realty

Source: Desert Vintage Realty via Zillow

The kitchen has a breakfast bar, a center island, and granite counter tops throughout.

Courtesy of Desert Vintage Realty

Source: Desert Vintage Realty via Zillow

The master bedroom has an octagonal shape with a vaulted ceiling, making the already spacious suite feel even larger. There are two other bedrooms.

Courtesy of Desert Vintage Realty

Source: Desert Vintage Realty via Zillow

The private ensuite bathroom has an enormous shower and a spa-like soaking tub. There are two other bathrooms.

Courtesy of Desert Vintage Realty

Source: Desert Vintage Realty via Zillow

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