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Michael Jackson's $19.5M Former Rental is Pretty Ghoulish

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Following the news that Neverland Ranch will soon hit the market, a Las Vegas estate that Michael Jackson leased from 2006 to 2008 has been relisted for a laughable $19.5M. Owned by real estate mogul and philanthropist Aner Iglesias, the 12,000-square-foot Mediterranean Revival mansion known as Hacienda Palomino was where the King of Pop lived after returning to the U.S. from Bahrain. Some high-profile Jackson family drama went down there, including the time Randy Jackson crashed his car through the gates, and on the second anniversary of MJ's death, it was the site of a farcical and horrifying escapade wherein an "overzealous fan" with a warrant out for his arrest led an unauthorized tour through the home that ended with him in police custody and his pit bull shot in the paw.

As a 2011 article in the Las Vegas Sun described the scene, "the highlight, as it were, was a shrine to The King of Pop erected in the estate's wedding chapel. Across the way, videos of the late icon's career played on a big-screen TV. In the background, such classic songs as 'Blame It on the Boogie,' 'Don't Stop 'Til You Get Enough' and 'Off the Wall' played on a ceaseless loop." Going off the current listing photos, it looks like the shrine has moved to the living room.

Built, according to the listing, in 1952 by "eccentric theater developer" Horst Schmidt, the seven-bedroom home is comprised of a main palazzo and a guest villa, plus a long list of wild-sounding features, including a "grand rotunda fountain," three "gourmet kitchens," a "grand ballroom," a bar-equipped "king's courtyard," a two-story "medieval chapel," a "grand conference room," and an "underground art gallery/lounge" accessible by tunnel, all looking a little worse for the wear. Taken on and off the market since 2010 for prices ranging from $4.8M to $12.8M, the mansion was last sold in 2004 for $3.5M, and is now asking over five-and-a-half times that much.


· One of Michael Jackson's Garish Old Haunts Selling for $19.5MM [Curbed LA]
· 2710 Palomino Lane [Trulia]