Rapper 50 Cent is slashing the price of his huge Connecticut estate. Again.
Originally listed for $10 million in 2007, Curtis “50 Cent” Jackson’s Farmington Connecticut mansion is now listed for just under $5 million.
The Get Rich Or Die Tryin’ rapper has been trying to sell his massive estate for over a decade, but still hasn’t received any bites. He originally listed the place for $10 million after sinking in millions in personal renovations, but years later dropped it to $6 million.
Jackson must have gotten frustrated as he’s now switched realtors, enlisting the help of Million Dollar Listing New York star Fredrik Eklund of Douglas Elliman Real Estate. The show is in its sixth season and Swedish-born Eklund has sold hundreds of millions in real estate.
Eklund might have his work cut out for him with this one though. On paper, the estate is truly palatial: 19 bedrooms, 25 bathrooms, an indoor pool and hot tub, multiple game rooms, a conference room, and an indoor theatre.
However, it’s been renovated to fit the tastes of 50 Cent, which means it also includes its own nightclub, complete with poles for “exotic dancers”.
The listing also says it comes with an “indoor court”, however it fails to mention whether this is a tennis court, basketball court, or a court of law.
That’s not all. The estate also has an outdoor pool and grotto a la the Playboy Mansion, which according to People, can fit up to 40 people. There’s also guesthouses (although the listing doesn’t mention how many), a basketball court (on the outside), and a pond.
The entire thing is 50,000 square feet on 17 acres. It’s basically like living in an early 2000’s rap video.
However, even with the 50% discount on his original asking price, the mansion is far from cheap. Property taxes alone are $131,585 per year, and heating, power, and paying for groundskeeping costs anywhere between $60,000 and $80,000 annually. It’s no wonder why 50 wants to unload the place with that kind of upkeep cost.
The estate also has a somewhat checkered past. Originally built in 1985 by a guy who’d later be imprisoned for embezzlement, it then went to a Lithuanian businessman who filed for bankruptcy before finally ending up with Mike Tyson. Mike then lost it to his ex-wife during the divorce, and she sold it to 50 Cent in 2003 for $4.1 million.
But at $4.995 million, 50 Cent isn’t walking away with a profit. He sank millions into renovating the place before deciding to sell it in 2007.