Joe Montana Relists California Estate at 41% Discount

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Joe Montana Relists California Estate at 41% Discount
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Joe Montana and his wife, Jennifer Montana, initially sought $49 million for the estate, which referenced his years playing for the San Francisco 49ers

Football great Joe Montana is giving up his castle—a roughly 500-acre European-style estate in California wine country—for $28.9 million, or 41% less than he first sought a decade ago.

Mr. Montana and his wife, Jennifer Montana, initially sought $49 million, which was a reference to his years playing for the San Francisco 49ers and intended as a starting point for negotiations, Mr. Montana said. They decided to take the property off the market shortly after because their four children, now adults, begged them to keep it a...

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