Living Large, Like Michael Jackson
Despite the broader move toward smaller homes and downsizing, some people still like to consume conspicuously, especially if they're wealthy and looking to live in Sin City.
A 16,461-square-foot home that Michael Jackson rented for six months in late 2007 and early 2008 just sold in Las Vegas. It was the biggest home sold in that city in about a year- more than 2,000 square feet larger than a former Nicolas Cage home that sold in Vegas earlier this week.
The gloved-one's former residence at 2785 S. Monte Cristo sold for $3.1 million in cash, a discount from the list price of $3.95 million, says the seller's agent, Coldwell Banker Premier Realty's Carolyn Mullany, who had the listing for just more than one year.