Prince Estate to Sell Six Properties Following Judge Approval
A Minnesota judge has given the administrator of Prince's estate the green light to sell six of the late artist’s properties.
Carver County Judge Kevin Eide gave the trust approval to list the properties, which include homes, vacant lots and buildings in Prince's hometown of Chanhassen, a suburb of Minneapolis
The list includes a commercial building estimated at $22 million and a 156-acre piece of land in Lakes Ann and Lucy valued at $13.7 million.
As expected, Prince’s home and recording studio Paisley Park is not among the 15 properties to be liquidated. Bremer Trust, which is managing the late performer’s affairs, recently confirmed it “has no plans to sell either Paisley Park or the property referred to as the Purple Rain house.”
Judge Eide said the estate administrators may list the six properties on Aug. 26, once Prince's half-brother Alfred Jackson had the opportunity to tour them, according to Minnesota Public Radio News.
The estate must then submit another affidavit before listing the sale of the remaining eight properties.
Prince was found dead in his Minnesota home on the morning of April 21. He was 57. The iconic musician died of an opioid overdose, toxicology tests later revealed, and he apparently didn't leave a will.