Want to Buy Michael Jackson's Vegas Compound?
November 05, 2013 - Nevada
A Las Vegas compound once home to Michael Jackson will go on the market for $19.5 million. The pop star rented the gated estate from 2007 until 2009, when he died in California, said the listing broker.
According to listing agent Eddy Martinez of Miami-based World Properties, the 1.8-acre estate includes an 8,500-square-foot, three-story main house with three bedrooms and seven bathrooms as well as an elevator, spa treatment rooms, two kitchens and a large conference room.
There's also a large guesthouse and a chapel done in a Gothic style. Grounds include a tennis court, basketball court and fountain.
Mr. Jackson and his children primarily lived in the property's 5,000-square-foot guest cottage, which has four bedrooms, three bathrooms, a kitchen, family room and dining room.
Mr. Jackson housed his staff in the main home on the property, according to Mr. Martinez, and converted its master suite into a recording studio.
The two buildings are connected by an underground tunnel with a bar and art gallery; Mr. Jackson could use the tunnel to avoid helicopters and paparazzi.
The home is owned by Aner Iglesias, a real-estate investor. It initially came on the market in 2009 for $12.8 million. The property has been used meanwhile for private events, weddings and diplomatic ceremonies.
Mr. Martinez said the price increase reflects a dramatically improved market from when the home listed previously.
Source: WSJ
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blog, celebrities, Estate of the Day, Michael Jackson