Want to own Johnny Depp’s horse farm in Lexington? On September 15, it’s going up for auction.
Depp, an Owensboro, Kentucky native, purchased the 41-acre farm on Versailles Road for his mother back in 1995. It includes a 6,000 square foot house with seven bedrooms, a four-car garage, a guesthouse, and three barns, and is located one mile from Keeneland. Some photos from the listing on Zillow:
The property went on the market back in December for $3.4 million, but was most recently listed for $2.9 million. It was recently assessed for $2.3 million, and is adjacent to the Westmorland subdivision, making it prime for residential development. Depp originally bought it for $950,000 back in 1995, sold it for $1 million in 2001, and then bought it back through a trust in 2005 for $2 million.
Why is he getting rid of it? As you may have seen in the news, Depp’s lavish spending has landed him in an ugly legal battle with his former business managers. While a small horse farm in Kentucky may not seem like a big expense for a Hollywood star, keep in mind this is the same guy that spent $3 million to blast Hunter Thompson’s ashes out of a cannon, $18 million on a yacht, $30,000 a month on wine, and $200,000 a month on private planes. Considering that, this farm may be his safest investment ever.