Olympian swimmer Michael Phelps is selling his Spanish-style mansion outside of Phoenix for $4.125 million.

Mr. Phelps, 32, winner of 23 Olympic gold medals, put the white-stucco home in the upmarket Phoenix suburb of Paradise Valley on the market on Thursday. The single-story home boasts trendy luxury finishes like carrera marble countertops, walls made of shiplap plus a pool and hot tub, according to the listing with Julie Pelle and Christina Rathbun of Realty ONE Group.

The agents declined to comment, citing a non-disclosure agreement.

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Mr. Phelps bought the nearly one-acre estate in 2015 for $2.537 million through a limited liability company and his Baltimore-based business manager David Pessin, according to property records. Mr. Pessin did not immediately return a request for comment.

He and his wife, former Miss California Nicole Johnson, have since welcomed two sons, and the champion swimmer has posted prolifically to social media about his family from their Arizona home. Since his retirement in 2016, he volunteers as assistant coach for the Arizona State Sun Devils swim team.

The limited liability company tied to Phelps bought the five-bedroom mansion newly built, designed by sailboat and yacht builder Henry Mohrschladt in a style reminiscent of the lavish red-tile-roofed haciendas dotting Santa Barbara, according to the listing.

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It spans a little over 6,000 square feet with large open living spaces, including an oversized kitchen and dining room with a double fridge and 350-bottle wine storage.

The landscaped backyard includes an outdoor kitchen, fruit trees, an irrigation well and a brightly tiled outdoor shower.

TMZ first reported the listing.

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