You should all know about this estate by now. This was the last home of the “King of Pop” Michael Jackson before his untimely death. It is located at 100 North Carolwood Drive in the Holmby Hills section of Los Angeles, CA. He had been renting it for $100,000 a month at the time from owner Hubert Guez, the current CEO of Ed Hardy. The home was built by real estate developer Mohamed Hadid and was designed by renowned Landry Design. It boasts 20,000 square feet of living space with a gorgeous 2-story entry complete with iron front door, crystal chandelier, and hand carved wooden staircase. The home also has an ornate living room, custom kitchen with walk-in freezer, cozy family room, Russian themed movie theater, wine cellar, exercise room, playroom, and master suite with his and her baths. The home also has a 7 car garage and a swimming pool with pool house.

The home can now be leased out for a mind boggling $300,000 per month! The $300,000 a month lease price is ludicrous in my opinion! That means that the home is worth more than $60 million or so. What do you guys think?