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The Bel Air home that Michael Jackson spent his last hours in has been put on the market for $29 million.
Michael Jackson's home has been put up for sale.
The Holmby Hills mansion where he died from acute Propofol intoxication in June 2009 is on the market for $29 million and comes complete with 1.26 acres of land.
The 'King of Pop' was renting the vast property in Bel Air, Los Angeles, for $100,000-a-month with his three children, Prince Michael, 13, Paris, 12, and eight-year-old Prince Michael II, also known as 'Blanket', while he rehearsed for his 'This Is It' London residency.
However, the $29 million price tag is a significant reduction from when the home was first put up for sale in 2008 for $38 million by owner Hubert Guez - who is chief executive of the Ed Hardy fashion brand -prior to the 'Thriller' singer's death.
The gated French Chateau-style estate boasts seven bedrooms and 13 toilets, as well as a gym, screening room, spa facilities, a seven-car garage and a wine cellar complete with tasting room.
It was recently revealed Michael's famous Neverland Ranch - which he relinquished amid financial worries in 2008 - could become an official memorial park for the iconic singer.
In July, state assembly member Mike Davis revealed plans to apply to the California State Senate for backing to turn the site - which in its heyday included a zoo and Ferris wheel - into a Michael Jackson-style Graceland, the preserved home of Elvis Presley.
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| Comment on this article |
7th August 2010 03:20
rochelle | ||
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| I'm curious to know(if Michael Jackson's financial situation was as bad as they say it was) how is it that he was able to rent this mansion in Bel Aire for $100,000 A MONTH???? That's a lot of money to sign a lease to pay every month if you don't have it, isn't it? My point is this....is it possible that he really wasn't in the terrible financial state that the media wants us to believe he was in? I know you shouldn't believe everything you read or see on TV, but I've even seen a guy on a Dateline special on NBC saying that said MJ's electricity was due to be disconnected on June 26, 2009. This just doesn't add up!! Also, how can someone legally create a will leaving his children and mother millions of dollars if they don't really have that kind of money? I know this is none of our business , but these stories of such a bad financial situation are extremely cruel if they aren't true. I guess only the realitor knows for sure. | ||
6th August 2010 04:32
sityourassdownusher | ||
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| "Bhodi" You can FORGET about posting another one of your dumb ass comments on MJ related stories. You'll somehow find a way to blame him for this house being sold too, won't you?? Bhodi, you are TOO OBSESSED with Michael. Seek therapy. You're more than likely a psycho. Cue the loony tunes music for you because no one on this site is as crazy as you. YOU are the cult Bhodi, NOT MJ fans!!!!!!!!!!!!!!!!!!!!!!!! | ||
5th August 2010 22:05
MJLover4life | ||
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| Eleonora49: You just described a "NON-DENOMINATION CHURCH." They shouldn't allow the mosque to be at that location. Too many people died there. I've heard a lot of conspiracy theories, but as it stands the attack was connected to a muslim group. It would be too painful for the families of those who died to have to see a mosque close to the world trade center. ------I've been saying they SHOULD RESTORE NEVERLAND & MAKE IT LIKE GRACELAND like a broken record. Michael's body does not have to be moved. I believe his spirit is there because that's where he was the happiest. I hope they hurry up & do it before the aniversary of his death & his birthday 2011. They're probably going to have to drop the price even lower to sell that house. | ||
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