Johnny Depp’s Kentucky ranch that he purchased for his late mother Betty Sue, is up for sale, 15 months after her death. The Pirates of the Caribbean star purchased the luxurious property in Lexington, Kentucky for $949,608 in 1995, and it looks like he will make a sizable profit when it goes up for auction on September 15.
VIEW GALLERY Johnny is putting the Lexington, Kentucky property up for auction Photo: Keni Parks Photography
The six bedroom, seven bathroom home originally went up for sale in December for $2.9 million, although no reserve has yet been revealed for the auction, which has been organized by the Halfhill Auction Group with Gary Denton as the listing agent. Jim Halfhill, the senior auctioneer who is organizing the sale, said in a statement: "It's a gorgeous farm with tremendous potential. There has been an amazing level of domestic and international interest in this property due to its famous owner." Gary Denton, of Ractor Hayden Realtors, added that it is a "beautiful estate with a spectacular location, just two miles from the world renowned Keeneland Race Course."
VIEW GALLERY The 6,000 square foot property will be auctioned off on September 15 Photo: Keni Parks Photography
The 6,000 square foot estate sits on 41 acres of land and comes complete with three barns, a guest house, four-car garage and ten paddocks, along with an outdoor inground swimming pool. A glimpse inside reveals that it is decorated in a neutral color scheme, with a gourmet kitchen, an open floor plan living and dining room.
Johnny originally bought the property in 1995, but sold it for $1 million in 2001. He then repurchased it for $2 million in 2005, and it is thought that Betty Sue lived there the entire time. While the ranch was a longstanding possession in Johnny's impressive property portfolio, it appears the actor has decided to sell it after his mother passed away in May of 2016.
VIEW GALLERY Johnny's estate includes six bedrooms and seven bathrooms Photo: Keni Parks Photography
Johnny has been selling a number of his properties over the past year following both the death of his mother and his divorce from Amber Heard. Among the homes that he has sold are the five luxury penthouses he owned in the Eastern Columbia Building in downtown Los Angeles. Johnny sold two of the penthouses for $3.1 million and $2.4 million apiece, with another of the incredible apartments listed for $2.4 million in May.