Inside Prince’s Real Estate Portfolio; Estate Valued at $200 Million


Prince’s 16 Minnesota Properties Valued At More Than $32M – CBS Minnesota (

Prince Net Worth | Celebrity Net WorthPrince Net Worth | Celebrity Net Worth

When Prince died in 2016, he not only left behind 39 albums and droves of unreleased music, but an extensive real estate portfolio that included properties throughout Minnesota, the Caribbean and California. 

According to CBS News Minnesota, Prince owned 16 properties in Carver County, MN valued at more than $32 million. While much is not known about most of his properties as Prince was a celebrity who valued his privacy, court filings reveal that a 156-acre property located between Lakes Lucy and Ann in Chanhassen, MN is worth more than $14 million. In the same vicinity Prince also owned several homes. 

Prince, whose estate is valued at $200 million, was a prominent producer, songwriter, musician and actor. Known for infusing R&B, rock, jazz and funk, Prince produced his own albums. He also starred in films such as “Purple Rain,” which won the Academy Award for Best Original Song Score. In his career, he sold more than 100 million albums/ 

Let’s take a look at some of Prince’s real estate holdings. 

Kiowa Trail home, Chanhassen, Minnesota

At the age of 22, Prince had already released two albums “For You,” in 1978 and “Prince” in 1979. With the proceeds of these two albums, Prince purchased his first home, a two-story home that he promptly painted purple. Prince installed a studio and produced several songs that appeared on albums such as “Purple Rain,” “Controversy,” and “1999.” Prince resided at the residence until 1985 and demolished the purple house in 2003. 

Prince’s estate sold the property in 2017 for $700,000. 

Paisley Park 

In 1985, Prince hired architect Bret Theony to design a compound named Paisley Park. Two years later, Theony’s design was complete. The 55,000 square foot structure is white aluminum panels with very few windows. Inside, there are two recording studios, a soundstage, rehearsal room and performance area, offices and common areas.

 Although Paisley Park was meant to be a defined workspace for the musician, Prince would often stay at the space. Today, Paisley Park operates as a concert space, event venue and museum.

A Place In LA

The “LA Times” often referred to Prince as a ‘perpetual renter’ because he was always moving to different residences in Los Angeles. But in 1992, Prince purchased a home in Beverly HIlls called Heather Way. Built in 1989, the 7,000 square foot home included five bedrooms and seven bathrooms. In 1997, Prince sold the home for $2.2 million.  

A Space In The Center of the Universe 

During Prince’s second marriage to Manuela Testolini, he purchased a home in Toronto. During the couple’s five year marriage, they lived in the 14,000 square foot property which is today worth more than $12 million. 

In this home on Bridle Path in Toronto, Prince produced “Musicology,” one of his most popular albums. 

Featured In Purple Rain 

Prince purchased the home that was featured prominently in the film, “Purple Rain.” In 2015, Prince paid $115,000 for the 1,300 square foot property. Prince never lived in the home and never had the opportunity to begin making repairs on the property. 

Turks And Caicos Estate 

In 2011, Prince purchased an estate in Turks and Caicos along with two additional pieces of land. In total, Prince purchased more than five acres of land and 1,625 feet of private oceanfront. He painted the driveway purple and used the property as a getaway. 

The estate sat on the market for several years before it was sold in 2019 for $10.8 million. It is currently used as a vacation rental. 

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