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Michael Jackson's Estate Buys Jackson Family Home in Calabasas for $10.75 Million

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Michael Jackson's Estate Buys Jackson Family Home in Calabasas for $10.75 Million

Post by Admin on Thu Jun 19, 2014 1:36 pm

Michael Jackson's Estate Buys Jackson Family Home in Calabasas for $10.75 Million
By Candace Taylor

June 17, 2014

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The home is where his mother, Katherine Jackson, lives with the late pop star's children

The estate of Michael Jackson has purchased the Calabasas, Calif., home where his mother, Katherine Jackson, lives with the late pop star's children, according to Hilton & Hyland, the real-estate firm that represented the estate in the transaction.

Ms. Jackson, who is in her 80s, has been leasing the home for the past several years, according to Hilton & Hyland's Nichelle Robinson, who represented the estate along with her mother, Barbara Robinson of Hilton & Hyland. The sale closed Monday for about $10.75 million, she said. The seller was represented by Marc and Rory Shevin of Berkshire Hathaway HomeServices. The seller wasn't identified.

Located in a gated community in Calabasas, the Mediterranean-style house is roughly 12,000 square feet. There is a guesthouse, a theater, a pool and a putting green, Nichelle Robinson said.

Michael Jackson died in 2009. His will appointed his mother guardian of his three children—Prince, Paris and Blanket. She now shares guardianship with her grandson, T.J. Jackson, according to news reports.

Ms. Jackson moved into the Calabasas house with the children several years ago to provide "a new environment" for them, Ms. Robinson said. After their father's death, the children had initially moved into the Jackson family home in the Encino area of Los Angeles, Ms. Robinson said.

The home wasn't on the market at the time of the purchase, but had previously been listed for $11.5 million. The Jacksons initially paid $26,000 a month to lease the house, and the rent has increased since then, Nichelle Robinson said.

The Jacksons had wanted to buy the Calabasas home for several years, Ms. Robinson said.

The Jackson estate wasn't immediately available for comment.

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Michael Jackson transcended our imaginations and continues to uplift our souls and spirits through his tremendously meaningful life well lived.
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Re: Michael Jackson's Estate Buys Jackson Family Home in Calabasas for $10.75 Million

Post by MjjPureSoul on Thu Jun 19, 2014 5:26 pm

Hi Admin, I saw this word for word on that pokey Sony website. Just wondered if it's news on most Michael fansites? If not, then someone has copied this and taken it onto that site. Let me know if you want anymore info on this. Just wanted you to be aware.
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Re: Michael Jackson's Estate Buys Jackson Family Home in Calabasas for $10.75 Million

Post by MjjPureSoul on Thu Jun 19, 2014 5:28 pm

It looks a beautiful place. Wonder if Havenhurst will now be sold on.
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Re: Michael Jackson's Estate Buys Jackson Family Home in Calabasas for $10.75 Million

Post by ijustcan'tstoplovinguMJ on Thu Jun 19, 2014 5:52 pm

Hey PureSoul! Missed you!! Smile
I've seen this article on a few other fan sites so it might be news on most fan sites like you said.
I keep wondering why the estate decided to purchase it. I think its a great idea and the home is beautiful!
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Re: Michael Jackson's Estate Buys Jackson Family Home in Calabasas for $10.75 Million

Post by MjjPureSoul on Fri Jun 20, 2014 4:59 pm

Well hello! IJCSLuMJ  Smile I'm glad to see you too sweetie, I wanted to give you a hooty call lastnight when I quickly visited the site however it was getting late so I had to get some kip for another early start this morning. I knew I'd be seeing you here again later  Wink 

So how's it all going then? How are you liking Michael's new album?

I'm worried about Ploppy, I read about her stumble and injuries. Hope she'll be back soon. Shocked 

Chat with you later girlfriend x  flower 
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Re: Michael Jackson's Estate Buys Jackson Family Home in Calabasas for $10.75 Million

Post by ijustcan'tstoplovinguMJ on Fri Jun 20, 2014 5:16 pm

Thats quite alright Smile
I'm doing OK hopefully I'll feel better soon Smile
oh gosh I'm loving every bit of it!! How do you like it?
I think she will be, I sen herr a message last night so I gotta reply later on.
chat soon xx
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Re: Michael Jackson's Estate Buys Jackson Family Home in Calabasas for $10.75 Million

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