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Thread started 06/19/19 2:00pm

luv4u

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Caribbean Estate Formerly Owned by Prince Sells for $10.8 Million


By
Katherine Clarke
Updated June 19, 2019 12:17 pm ET


A Caribbean home owned by the late pop star Prince—which has a driveway and a movie theater in his signature purple—has sold for $10.8 million.


Located at the tip of a peninsula of Providenciales in the Turks and Caicos, the property had been on the market for a couple of years. It was scheduled to be auctioned last year, but ultimately was not sold. It was most recently listed in December 2018 for $11.8 million.


Read more about it here:

https://www.wsj.com/artic...jWedjPw_lA

Edmonton, AB - canada
Mod Goddess of the SNIP & BAN Making Moves - OF4S
Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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Reply #1 posted 06/19/19 2:38pm

Genesia

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It's behind a paywall. Anyone with a WSJ subscription wanna post the article, please? Thanks.

We don’t mourn artists because we knew them. We mourn them because they helped us know ourselves.
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Reply #2 posted 06/19/19 3:45pm

luv4u

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Genesia said:

It's behind a paywall. Anyone with a WSJ subscription wanna post the article, please? Thanks.


I don't have a WSJ subscription. Something comes down with an X and clicked on the X to get rid of the crap. Here it is.

******************

B3-EH754_0620pr_PREVIEW_20190619131335.jpg
The purple driveway as seen from the air. GARY JAMES/PROVO PICTURES/TURKS & CAICOS SOTHEBY'S INTERNATIONAL REALTY
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Caribbean Estate Formerly Owned by Prince Sells for $10.8 Million

Located at the tip of a peninsula of Providenciales in Turks and Caicos, the home has a driveway and a movie theater in the late pop star’s signature purple

By
Katherine Clarke
Updated June 19, 2019 12:17 pm ET

A Caribbean home owned by the late pop star Prince—which has a driveway and a movie theater in his signature purple—has sold for $10.8 million.

Located at the tip of a peninsula of Providenciales in the Turks and Caicos, the property had been on the market for a couple of years. It was scheduled to be auctioned last year, but ultimately was not sold. It was most recently listed in December 2018 for $11.8 million.

B3-EH698_PRINCE_P_20190619105436.jpg
The beachfront property’s main house is almost 10,000 square feet. ILLUSTRATION: GARY JAMES/PROVO PICTURES/TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY

Totaling nearly 6 acres, the beachfront property’s main house is almost 10,000 square feet and comes with six bedrooms, a 200-foot hardwood dock, a tennis court, a staff gatehouse and multiple cabanas. The driveway is stained purple concrete, and the home theater is lined in purple velour.

Prince purchased the original property around 2011, and added two adjacent parcels over about a year, according to listing agent Nina Siegenthaler of Turks and Caicos Sotheby’s International Realty. Ms. Siegenthaler said Prince made additional changes to the home, knocking down walls to make the space more open plan. He died in 2016.

B3-EH661_PRINCE_P_20190619104345.jpg
Prince purchased the original property around 2011, and added two adjacent parcels over about a year. PHOTO:GARY JAMES/PROVO PICTURES/TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY
B3-EH701_PRINCE_P_20190619105814.jpg
There is a 200-foot hardwood dock, a tennis court, a staff gatehouse and multiple cabanas. ILLUSTRATION: GARY JAMES/PROVO PICTURES/TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY


The buyer is Tom Barnes, chief executive of 319 Capital Partners, a private equity and investment firm based in North Carolina. He said it was a “bonus” that the artist had owned the property.

“I can remember myself back in 10th grade listening to ‘1999’,” Mr. Barnes said, referring to the Prince album. “If I could go back and tell that 10th grader that some day he’d buy Prince’s house, his head would probably explode.”

Mr. Barnes said he and his family had enjoyed vacationing in Turks and Caicos for many years, and wanted to have a compound large enough to host large gatherings of extended family. He said he would rent the property, which he has dubbed Emara, when he’s not there.

B3-EH704_PRINCE_P_20190619110116.jpg
Buyer Tom Barnes, chief executive of 319 Capital Partners, said it was a ‘bonus’ that the late pop star Prince had owned the property.


PHOTO: GARY JAMES/PROVO PICTURES/TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY


Asked if he would paint over the purple driveway, Mr. Barnes said absolutely not, noting that it would be a potential draw for renters. “I think that’s going to be a significant pull,” he said.

Ms. Siegenthaler listed the property with colleagues Joe Zahm and Richard Sankar, while Dee Agingu represented Mr. Barnes.

Write to Katherine Clarke at katherine.clarke@wsj.com

Edmonton, AB - canada
Mod Goddess of the SNIP & BAN Making Moves - OF4S
Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
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Reply #3 posted 06/19/19 4:32pm

PennyPurple

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It's simply beautiful.

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Reply #4 posted 06/19/19 4:46pm

TrivialPursuit

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You can find it on Zillow, too. There are a few more pics there.

This experience will cover courtship, sex, commitment, fetishes, loneliness, vindication, love, and hate.
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Reply #5 posted 06/19/19 5:35pm

CherryMoon57

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cool Nice. The man certainly had taste (and money).

Open your heart open your mind
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Reply #6 posted 06/19/19 8:55pm

ISaidLifeIsJus
tAGame

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https://www.instagram.com...6VlhbFewe/

Kiran's name was also on the deed.


eek

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Reply #7 posted 06/19/19 9:03pm

UncleGrandpa

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It must be a coincidence by proxy that the buyer's firm is named 319, what an incredible view and purchase.

Jeux Sans Frontiers
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Reply #8 posted 06/19/19 9:07pm

ISaidLifeIsJus
tAGame

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UncleGrandpa said:

It must be a coincidence by proxy that the buyer's firm is named 319, what an incredible view and purchase.



I love your name. lol lol

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Reply #9 posted 06/19/19 9:18pm

UncleGrandpa

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ISaidLifeIsJustAGame said:

UncleGrandpa said:

It must be a coincidence by proxy that the buyer's firm is named 319, what an incredible view and purchase.



I love your name. lol lol

Danke Schön cool

Jeux Sans Frontiers
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Reply #10 posted 06/19/19 10:55pm

Mikado

I don't think he ever found the time to stay there often - which is a shame really.... I think he could have used a vacation sometimes.

A certain kind of mellow.
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Reply #11 posted 06/20/19 12:52am

Vannormal

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-

Interior pictures are not real.

These are computer generated renderings.

I Know... it's my work field.

-

"...no matter what, all will be fine, always."
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Reply #12 posted 06/20/19 1:49am

darkroman

Wow, wow, wow - STUNNING and BEAUTIFUL!

Why on earth live at Paisley Park - I'd rather live in that paradise!

https://www.mansionglobal...tion-96281

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Reply #13 posted 06/20/19 2:36am

dodger

ISaidLifeIsJustAGame said:

https://www.instagram.com...6VlhbFewe/

Kiran's name was also on the deed.


eek

You have to wonder about this...

Was he a bit skint and she went halves on the mortgage

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Reply #14 posted 06/20/19 3:14am

kookooman73

Surely this sale puts a massive dent in the tax bill. Anyone one know the status of this situation now? sad
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Reply #15 posted 06/20/19 4:37am

PennyPurple

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ISaidLifeIsJustAGame said:

https://www.instagram.com...6VlhbFewe/

Kiran's name was also on the deed.


eek

lol Some of those comments crack me up..like the one claiming P bought the home for her and their children and put twin beds in. lol


So if it was Kiran's house then the $$ will go to her instead of the Estate??

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Reply #16 posted 06/20/19 5:01am

Madhouse6

He probably went in as joint ownership maybe as a payment to her for her help in managing him - you know how generous he was - why all the hate?
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Reply #17 posted 06/20/19 7:00am

poppys

Vannormal said:

-

Interior pictures are not real.

These are computer generated renderings.

I Know... it's my work field.

-


What do you mean not real? Enhanced, or the layout is different or what?

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Reply #18 posted 06/20/19 7:46am

jdcxc

Madhouse6 said:

He probably went in as joint ownership maybe as a payment to her for her help in managing him - you know how generous he was - why all the hate?


Exactly...speaks to sweet personal close relationships that we rarely hear about. Kiran has been one of his loyalists pre/post death.
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Reply #19 posted 06/20/19 5:09pm

PennyPurple

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Madhouse6 said:

He probably went in as joint ownership maybe as a payment to her for her help in managing him - you know how generous he was - why all the hate?

What hate?

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Reply #20 posted 06/20/19 9:52pm

ISaidLifeIsJus
tAGame

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We dont know if P paid cash or took out a mortgage on this property.

It is not listed on the Estate Inventory because it is out of state/country.

We do know from Kiran's post that at the very least her name was on the deed.

We dont know if it was on the mortgage.

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Reply #21 posted 06/21/19 6:19am

Empress

I've been to T&C. The beaches are beyond stunning and very nice people too. Somebody is very lucky to have this home.

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Reply #22 posted 06/21/19 7:12am

Seahorsie

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I guess the new owner is going to rent it out when he is not there. We ought to get a group of us together and rent it out for a weekend! !!
Good morning children...take a look out your window, the world is falling...
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Reply #23 posted 06/21/19 12:27pm

onlyforaminute

ISaidLifeIsJustAGame said:



We dont know if P paid cash or took out a mortgage on this property.

It is not listed on the Estate Inventory because it is out of state/country.

We do know from Kiran's post that at the very least her name was on the deed.

We dont know if it was on the mortgage.



It's in the docs the Estate had to pay February's mortgage, I'm assuming it was 2019 but it could have been 2018s.

Year of Return 2019
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Reply #24 posted 06/21/19 1:06pm

Vannormal

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poppys said:



Vannormal said:


-


Interior pictures are not real.


These are computer generated renderings.


I Know... it's my work field.


-




What do you mean not real? Enhanced, or the layout is different or what?


-
These are not photos, but drawings.
Can’t you see it in the detail?
-
"...no matter what, all will be fine, always."
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Reply #25 posted 06/21/19 3:06pm

Shockadelica9

dodger said:



ISaidLifeIsJustAGame said:


https://www.instagram.com...6VlhbFewe/



Kiran's name was also on the deed.


eek



You have to wonder about this...


Was he a bit skint and she went halves on the mortgage


They lived together?? Mmmm
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Reply #26 posted 06/21/19 3:31pm

poppys

Vannormal said:

poppys said:


What do you mean not real? Enhanced, or the layout is different or what?


- These are not photos, but drawings. Can’t you see it in the detail? -


Ok. How about you, the expert, just explain it so I don't have to ask the exact proper question. Are you saying it's empty or what?

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Reply #27 posted 06/23/19 1:20pm

Negritaluvyu

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Seahorsie said:

I guess the new owner is going to rent it out when he is not there. We ought to get a group of us together and rent it out for a weekend! !!

I'll throw in some cash for it. That place looks beautiful.

Your lips would make a lollipop too happy.
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Reply #28 posted 06/23/19 2:58pm

flipper123

Kiran being on the deed was a tax evasion thing.

She, and a couple others, stripped the place of any Prince related items over the last few years unfortunately.
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Reply #29 posted 06/23/19 7:21pm

Seahorsie

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flipper123 said:

Kiran being on the deed was a tax evasion thing. She, and a couple others, stripped the place of any Prince related items over the last few years unfortunately.

Well, crap, don't they always do that? At least we will have the purple driveway and the same views he had. Sometimes I look at all the things the very rich have (or had) and it just makes me sad in a way. You have so much, but the cost is too much to bear. Wish he could have had 5 kids or so with a lifelong partner and took month-long vacations down there to unwind...............

I know, I am a Pollyanna, so you won't need to bring it to my attention, LOL. shhh

Good morning children...take a look out your window, the world is falling...
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