Michael Jackson to pay $100,000 for Holmby Hills Home Rental

December 28, 2008
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5 out of 5)
Loading ... Loading ...

If Michael Jackson can afford $100,000 rental fee for a seven-bedroom home in Holmby Hills in Los Angeles then his financial status might be totally different from what is being perceived in news reports. The Richard Landry-designed three-story home includes a wine cellar, library, guest house, a heated pool, theater room, 12 fireplaces and 13 baths.

The deal was leaked to the press despite a heavy confidentiality agreement inked between Jackson and the real estate representatives. Built in 2002, the French-Chateau” style estate measures 17.171 square feet. The property was pulled out from the real estate market where it was advertised for sale at $38,000,000.

The property is considered one of the most exclusive in Los Angeles and is the location of Hugh Heffner’s Playboy Mansion and Aaron Spelling’s Pharaonic palace. The presence of many celebrities in the area makes the neighborhood a magnet for the paparazzi which is why a lot of eyebrows are raised as to Jackson’s choice of home.


Leave a Reply