Back on June 24, 2014, the always informative Lauren Beale at LAT Hot Property revealed that the Michael Jackson estate purchased the Calabasas home for Katherine Jackson (84 year old mother of the late Michael Jackson) for $10.75 million that she had been renting for about $26,000 per month since December 2010 for her grandchildren including MJ's kids; Prince Michael I, Paris Katherine, and Prince Michael II (aka "Blanket").
At the time of this writing, the property records dont show a change of hands but the LAT mentioned that the seller was Kassabian Design Build who first built the Tuscan style home based on a trip to Tuscany, Italy that inspired the designer, Diko Kassabian.
The home measures 7 Beds/11 Baths on 12,670 sqft on a total lots size of 0.88 acres built in 2008. The listing description used at the time it was first listed back on July 2011:
THE ESTATES AT THE OAKS. MAGNIFICENT CUSTOM MEDITERRANEAN WITH PANORAMIC VIEWS. PRIME LOCATION ON THE TOP STREET. FEATURES FULL GUESTHOUSE, CUSTOM THEATRE, PANELED STUDY, LOFT/GAME ROOM, WINE ROOM WITH REFRIGERATED CELLAR & BAR, STELLAR GOURMET KITCHEN W/PROFESSIONAL QUALITY APPLIANCES, SUPERB MASTER WITH HIS & HER BATHS, PRIVATE PATIO & HUGE CUSTOM CLOSETS. SUPERBLY FINISHED THROUGHOUT. THE IRON/GLASS ENTRY DOORS OPEN INTO A WORLD OF ELEGANCE. AMENITIES INCL. A GORGEOUS DOUBLE STAIRCASE, LIMESTONE & HICKORY FLOORS, ALDER DOORS/CABINETS, STEAM SHOWER, SAUNA, ELEVATOR, CRESTRON HOME AUTOMATION SYSTEM, 5-CAR GARAGE, 5-PATIOS, BBQ CENTER, DISAPPEARING GLASS DOORS THAT OPEN TO SWEEPING VIEWS, PUTTING GREEN, SPARKLING POOL, LUSH LANDSCAPING & MORE.
The Jackson family moved to this Calabasas home after the infamous Hayvenhurst house was undergoing renovation with the plan for the family to move back but that never happened so I am now wondering what is going on with probably the most famous house in Encino. I talked at length about the Jackson family in living in the SFV including Calabasas back in 2011 here.
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