The mansion in Holmby Hills, CA, where Michael Jackson was staying when he suffered cardiac arrest and died on June 25, 2009, is back on the market for a discounted price of $28,995,000.
Yes, $29 million is still a lot, but it is reportedly $10 million less than Hubert Guez, CEO of the Ed Hardy brand, was asking for the home when he originally tried to sell it in 2008. Michael Jackson was leasing the house from Guez for $100,000 per month.
According to RealEstalker.com, Guez had recently tried to rent out the property for $300,000 per month, but ultimately decided he wanted to just sell it.
The mansion, which was completed in 2002, is modeled after a French chateau. The mansion is 17,171 square feet with a total of 1.26 acres of gated grounds. The home has seven bedrooms and 13 bathrooms. Features include 12 fireplaces, an elevator, art studio, media/music room, and wine cellar and tasting room, a gym and spa facilities, a seven-car garage, maid’s quarters, a pool, expansive gardens, a detached guest house and more.
Guez will not be holding an open house, so MJ fans don’t get too excited. Guez wants only genuinely interested buyers touring the home, so all potential buyers will be required to go through an “extensive pre-qualifying check” before they can even walk in the door.