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Prince's Caribbean Estate Has Been Sold For $10.8 Million
Prince’s home, located in Turks and Caicos, has been sold after being on the market for the past two years.
The estate has a driveway and movie theater decked out in the artist’s iconic purple — with the driveway being stained purple concrete and the movie theater being lined in purple velour.
The property was purchased by Prince in 2011 and is almost 10,000 square feet with six bedrooms, a staff-gatehouse, and several cabanas.
During the years of Prince living there, he made numerous changes to the home including knocking down the walls to make an open floor-plan.
Prince died in April of 2016.
The beachfront property went on the market in December 2018 and was sold to Tom Barnes, chief executive of a private equity and investment firm in North Carolina named 319 Capital Partners.
“I can remember myself back in the 10th grade listening to ‘1999’. If I could go back and tell that 10th grader that someday he’d buy Prince’s house, his head would probably explode.”, Barnes tells the Wall Street Journal.
Barnes and his family have enjoyed spending vacation time in Turks and Caicos for several years. He purchased the property so that he and his family can host large functions with their extended family.
When Barnes and his family are not in Turks and Caicos he will rent out the property.
Barnes tells The Wall Street Journal that he will absolutely not paint over the purple driveway, keeping Prince’s memory alive.