Despite some legal complications, the Santa Fe property that once belonged to the late financier and convicted sex offender Jeffrey Epstein remains listed for sale, with an asking price of $27.5 million.
Earlier reports pegged the property’s worth at $17.2 million.
The 8,000-acre ranch, which Epstein purchased in 1993, is located in the town of Stanley around 36 miles to the south of Santa Fe, and includes several structures, as well as a private landing airstrip, and main house with gym, library, and indoor pool.
Proceeds from the sale of the ranch will go to Epstein’s estate which, in turn, will be used to compensate victims as well as creditors and tax authorities.
Listed with Sotheby’s International Realty, the property has a main house measuring more than 33,000 square feet, not to mention a lodge and log cabin, and “stables, fire house and yurt.”
According to a recent report in the publication U.S. Sun, the mansion additionally includes three large rooms that were once used to house computer and video equipment.
Epstein committed suicide in August 2019 while awaiting trial on a series of sex trafficking charges. The Zorro Ranch mansion, with the exception of some on-site staff, has remained vacant ever since.
Two other properties owned by Epstein in Florida and New York have since been sold, with some $140 million going to the Epstein Victims’ Compensation Program created last year.
Some reports have indicated that given the controversial nature of Epstein and the presumed activities that may have taken place at the Zorro Road mansion, a would-be buyer might demolish the nearly 30-year-old mansion itself, using the valuable land instead to build an entirely new structure
That’s what happened to Epstein’s Palm Beach, Florida property, which was purchased earlier this year, and subsequently flattened by the new owner.
By Garry Boulard