Las Vegas Sun

April 24, 2014

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REAL ESTATE:

Michael Jackson’s former Las Vegas home fetches $3.1 million

Image

Courtesy Coldwell Banker Premier Realty

This home at 2785 S. Monte Cristo, where Michael Jackson lived in 2008, fetched a price of $3.1 million after it was taken back by the lender in lieu of it going through foreclosure.

2785 S. Monte Cristo

This home at 2785 S. Monte Cristo, where Michael Jackson lived in 2008, fetched a price of $3.1 million after it was taken back by the lender in lieu of it going through foreclosure. Launch slideshow »

2785 S. Monte Cristo

A 16,400-square-foot home where Michael Jackson resided for six months in late 2007 and early 2008 has sold for $3.1 million.

Jackson rented the home at 2785 S. Monte Cristo, which is southeast of the intersection of Buffalo Drive and Sahara Avenue.

The home was ultimately taken back by the lender, Eastern Savings Bank, in lieu of it going through foreclosure with the previous owner, said Carolyn Mullany, a Realtor with Coldwell Banker Premier.

An offer was made on the property Friday and the sale was closed and recorded Tuesday, she said. A California couple, a doctor and a lawyer with property holdings in Asia, acquired the home by paying cash, she said.

The estate sits on one acre. It is gated and has 8-foot walls surrounding it.

The home features seven bedroom suites, three office suites, an elevator, large formal rooms for entertainment, a theater room and orchestra loft.

The master bedroom measures 2,000 square feet with a large covered patio, his and her closets, a 10-head shower and Jacuzzi tub, Mullany said. The master bedroom also has a secret exit to a rooftop deck designed for sun bathing.

The fitness room features a dance floor and dry sauna.

It also has basketball and tennis courts.

Michael Jackson’s use of the home generated a lot of interest and calls about the property, Mullany said.

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