I’ve told you about how one of Hollywood’s most powerful, sickest deviant predators had a special property.
Only the inner circle was allowed to this property, literally a handful of people.
The things which took place at this property are levels worse than all the stuff the public has read about. The property was recently sold.
Not surprisingly, it spent a lot of time on the market, and the discount was pretty steep, considering the property’s location.
As you might expect, the buyer paid only for the land value, and plans to completely raze the house and build a new one.
Nobody would actually want to live in that house.
La Quinta Horse Ranch
Buyer: Ron Burkle
American billionaire businessman. He is co-founder and managing partner of The Yucaipa Companies, LLC, a private investment firm that specializes in U.S. companies in the distribution, logistics, food, retail, consumer, hospitality, entertainment, sports, and light industrial sectors
Once Asking $100 Million, Michael Jackson’s Neverland Ranch Sells to Billionaire Ron Burkle for $22 Million
Michael Jackson’s onetime Neverland ranch has sold for $22 million to billionaire Ron Burkle, a onetime associate of the late pop star and co-founder of the investment firm Yucaipa Companies, according to public records and three people familiar with the deal.
The property, located about 40 miles from Santa Barbara, had been on and off the market for years, first listing for $100 million in 2015 and undergoing several price cuts. It was listed for $31 million last year, The Wall Street Journal reported.
Mr. Jackson’s estate co-owned the ranch with a fund managed by Colony Capital , a real-estate investment trust. Amid financial struggles, Mr. Jackson had defaulted on a loan backed by the ranch and Colony bought the note in 2008, putting the property’s title into a joint venture it formed with the pop star. Mr. Jackson originally paid about $19.5 million for the ranch in 1987. – Source
Griffin Ranch La QuintaGriffin Ranch was once acreage on the personal estate of Merv Griffin, located in the La Quinta area. The Griffin Ranch, made up of 242 acres, offers a master community created to please equestrian lovers. The equestrian theme will suit those who have a love of horses and also those who are looking for a more sophisticated setting. The community began it open selling on May 2007 with the first community homeowners taking residence in November of the same year.
This gated community offers a guarded entry way. The Griffin Ranch has a collection of four residential units each offering 14 floor plans of single story residences. These four designs are know as the Campania Collection, Castilla Collection, Madeira Collection, and the Sevilla Collection. The architectural styles are much sought after and show off the Monterey, Spanish Colonial, Andalusian, Italian Farmhouse, and Contemporary Mexican designs.- Source
Merv Griffin’s former desert retreat renting for $6,000 a night
Merv Griffin’s one-time retreat in La Quinta is up for rent, but it will set you back a pretty penny.
The 39-acre equestrian compound, which includes a 6,000-square-foot Moroccan-style house, four guest casitas, various staff quarters and apartments, horse facilities and a racetrack, is available for $6,000 a night.
Developed by the legendary entertainer in the 1980s, the property has been offered as a short- and long-term rental since it last sold for $7 million in 2013. It was originally priced at $14.5 million when it came to market in 2011.
Griffin, who died in 2007 at 82, used the gated estate to raise Arabian horses and thoroughbreds, as well as for entertaining and work. Among its features are grand formal areas, bright mosaic tile, lanterns and elaborate stone fireplaces.- Source
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