Prince Estate to Sell Late Music Icon’s Real Estate Properties
The special administrator of Prince’s estate reportedly filed a request to have some of the musician’s real estate holdings go on sale. But his properties won’t come cheap. The estate is only accepting legitimate offers that are at least 90 percent of fair market value.
The list of properties that Prince owned has been sealed by the probate court but the singer-guitarist is known to have homes in Minnesota, New York, Beverly Hills, Calif., and more. TMZ reports that the Prince heirs are simply liquidating some of his assets as opposed to holding on to them for sentimental reasons.
There’s no word on if the Minneapolis house that appeared in Prince’s classic movie Purple Rain is up for sale. Prince purchased the Hennepin County property last year.The vintage house is now in the care of the Bremer Trust and being “rehabbed” with updates that include a new boiler.
Prince also has a gorgeous paradise island getaway home in Turks and Caicos. The property, which the late singer purchased in 2010, boasts 10 bedrooms and 10 bathrooms, a 200-foot boat dock, a tennis court and a private white sand beach. It’s reportedly up for sale for a whopping $12 million.
However, a judge has to sign off on the request first before the Prince estate can accept offers.
If you are in the market to buy a princely new home this might be your chance to buy a property owned by the Purple One, himself.