Jeffrey Epstein's 8,000-acre ranch sale price drops to $18M, gets slashed by $9.5M after 1.5 years on market
SANTA FE, NEW MEXICO: The cost of Jeffrey Epstein's ranch in New Mexico has been reduced once more as it remains on the market after over a year and a half. The price of the 35-mile-away Zorro Ranch, which was originally listed for $27.5 million, has been dropped to $18 million. The almost 8,000-acre house in New Mexico owned by Epstein originally appeared on the market in July 2021.
Reports say that he intended to use the large 33,000 sq ft home as a "baby-making factory" and that many women claimed to have been raped and assaulted there while they were minors may scare away potential buyers. Several women have reported being sexually abused by Epstein at the New Mexico property. The New York financier was never charged in the state with any crimes. Epstein died in a New York prison cell on 10 August as he awaited, without the chance of bail, his trial on sex trafficking charges. Just days before his death, two women testified in court about being assaulted at the Zorro Ranch in 2004
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Jeffrey Epstein's 8,000-acre Zorro Ranch and 'human breeding farm' on sale for $27.5M
One woman, identified as Jane Doe, testified in court that Epstein brought her to the New Mexico property when she was only 15 years old and that he sexually assaulted her for hours on end and stole her virginity. The price decrease for the estate comes only days after it was disclosed that dozens of court records connected to Epstein's contacts, including a millionaire businessman, will be made public. Despite one subject's allegation that it may "wrongfully impair (his) privacy and reputation." Judge Loretta Preska recently determined that the public interest exceeds the right to privacy and that the records should be released, Daily Mail reported.
Born and raised in New York, Epstein taught maths and physics in the city at the private Dalton School in the mid-1970s. By 1982, he had established his own company, J Epstein & Co. The firm was an instant success, managing customer assets totaling more than $1 billion (£800 million). Epstein quickly began spending his fortune, including on a mansion in Florida, a ranch in New Mexico, and rumor has it, the largest private home in New York, as well as socializing with celebrities, artists, and politicians.
"I've known Jeff for 15 years. Terrific guy," Donald Trump told New York magazine for a profile on Epstein in 2022. "He's a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side. No doubt about it - Jeffrey enjoys his social life," Trump added.
Ghislaine Maxwell, his girlfriend was arrested in July 2020 and held guilty later on suspicion of having assisted Epstein's abuse of minors by helping to recruit and groom victims known to be underage.