Denver Nuggets coach Mike Malone officially parts ways with his California home.

Malone, who mentored the Sacramento Kings prior to joining the Nuggets this year, sells his Granite Bay property for nearly $1.3 million, Los Angeles Times reported. The New York-born basketball coach listed the Northern California home on the market just less than a month after the Nuggets hired him. Five months later, he already had an interested and serious buyer for the property. The 44-year-old NBA coach reportedly bought the said property two years ago and paid $1.24 million for it. Thus, he recouped his investment on it with a small profit to boot. He commissioned Jeffrey Anderson and Janet Hayden of Coldwell Banker to handle the listing.

The Los Angeles Times also noted of its features in July when it was advertised for sale.

The 4,891-square-foot Granite Bay home displays five bedrooms and five bathrooms. Other living areas include a living room, home office, kitchen, dining nook, wine cellar and some dining rooms. The next owners will also like the master bedroom as it features a bathtub and fireplace.

Indoors, the charming traditional abode built 20 years ago present elegant architectural details like arched doorways, beamed ceilings and wooden flooring.

However, the charm of the two-storey Placer County residence does not end there. Its carefully maintained grounds that measure more than half an acre showcase a swimming pool equipped with a spa, big fountain, covered patio and barbecue station.

How are the Nuggets so far?

Malone had been "generally happy" with their team standing, The Denver Post reported in November. That time, Nuggets had six wins and eight losses. Malone noted that those games they lost were against good teams like the Golden State Warriors, Oklahoma City Thunder, Phoenix Suns and San Antonio Spurs.

However, Malone, who was hired in June per Yahoo! Sports, knew that winning games would be a challenge with the Denver team.

"I see a very young team. Obviously right now we are starting three rookies. I see a team that is banged up. Four of our top eight players are out with injuries right now, so that always makes it tough. But I see a team that is young, and when you're young in the NBA, you're going to be inconsistent," the coach said.

"Our poor execution and poor shot selection exploit our defense. Our inability to defend the 3-point line because we are making mental mistakes is beating us. So young teams, inexperienced teams, have that," Malone explained.

Right now, the Nuggets have eight wins and 14 losses, per NBA.com. Can they still catch up with the other teams?