Although the price tag has lowered to over $28,000,000 Million dollars from $37,000,000 million dollars, it is also infamously the home of the KING OF POP Michael Jackson. This could potentially either lure or scare away big time buyers. Although Michael Jackson just renting the house for over $100,000 thousand dollars PER MONTH while he rehearshed his tour "THIS IS IT"
The gated French Chateau-style estate, the property has seven bedrooms and 13 bathrooms in 17,171 square feet for your basic living needs, while its fancy features include 12 fireplaces, a screening room, a wine cellar and tasting room, a gym and spa facilities, a seven-car garage, maid's quarters, a pool, expansive gardens and a detached guest house.
Guez had leased the house to Jackson for $100,000 per month and, according to TMZ, tried to rent it out again for $300,000 per month, but ultimately decided to sell. After Guez recently tried to rent the property for $300,000 a month, and failed, he decided to put the house up for sale at the reduced price to offload it.
The crunch in real estate has hit even the stomping grounds of Michael Jackson.
The King of Pop Jackson died suddenly on June 25, 2009 after suffering cardiac arrest at the home, just weeks before launching his comeback. The entertainer's personal doctor, Conrad Murray, said he discovered Jackson in his bedroom not breathing but with a faint pulse. Jackson was later declared dead at a local hospital.
Seller: Jackson's Family
Address: Holmby Hills LOs Angeles
Price Tag: $28,000,000
Size: Big
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