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50 Cent has been trying to sell his 52-room mansion in Connecticut for 12 years. Now he finally has — at an 84% price cut, The Wall Street Journal reported on Monday. "It would be interesting to have programs where we could escape the cities and kids from the inner cities to go out and just be creative, to kind of hone in, you know, on the arts and stuff like that," 50 Cent said in the episode. "They'll be able to use the recording studio and the fitness areas, the pools, everything. It'll be a cool summer camp house." As soon as you walk into the mansion, you see a marble floor that is the main feature throughout the home and two staircases leading to the second floor. Upstairs, the master bedroom is decorated simply with a couple of couches and a bed, but it holds gorgeous views of the garden.
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It had also previously been listed for rent at $100,000 per month. 50 Cent's massive home in Connecticut has finally sold after 12 years on the market — and it was no where near his original asking price. By 2018, the price was slashed to just under $5 million, even listing with Million Dollar Listing New York’s celebrity agent Fredrik Eklund. It made an appearance on the rental market for $100,000 per month as well. In 2003, the Grammy Award winner bought the home from the ex-wife of former champion boxer Mike Tyson for $4.1 million (still a town record), following his tour de force album Get Rich or Die Tryin’. Tyson’s pet Bengal tiger wasn’t included in the deal but a real estate Hangover was.
The pool extends into a hidden grotto.
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The home was to be transformed once again into a care home for the elderly, who were sure will enjoy the great abundance of amenities. In May 2017, a Windsor, Connecticut, man allegedly broke into the mansion, according to CBS Connecticut. Nothing appeared to be stolen, and Jackson — who no longer lived there — reportedly laughed off the incident on social media in a post that's since been deleted, writing, "What my house got robbed, I thought I sold that MF. LOL." It is set on 17 acres and the grounds include a pool, a grotto reminiscent of the Playboy Mansion, a pond, and a basketball court.
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"I think the biggest thing that stood out to me was the architecture of the home because mid-century modern homes are so rare for the area," she said. "We looked past how bad it was because we knew that we could really transform it ourselves. This house has so much potential and we felt very special to be the people to see that." The property in question is a 2,757-square-foot single-family home built in 1961. It has three bedrooms, 2.5 bathrooms, a pool, and 0.30 acres of land.
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Although it wasn’t the smoothest few years, the star has been able to clear his debts and rid himself of bankruptcy in just 3 years rather than the 5 years he was given. From his albums, music ventures, acting roles, and work as a producer, 50 Cent is now worth around $20 million. This is quite a loss from previous estimates before his bankruptcy which valued his estate at $150 million. Little did he know, the deal with the developer fell through, so no, he didn’t sell that MF.
Ft. mansion was impressive by all accounts, 50 Cent doesn’t necessarily have the fondest memories of it. Especially since it took him well over a decade to offload the property, and he lost millions in the sale. 50 Cent reportedly purchased the property from boxing star Mike Tyson in 2003 for $4.1 million. A spokeswoman for 50 Cent told the Wall Street Journal the proceeds of the sale of the house would be donated to the rapper's no-profit, the G-Unity Foundation.
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Rapper 50 Cent sent social media ablaze over the weekend with a post blasting President Biden for taking another beach vacation in Delaware as chaos continued to unfold in the war between Israel and Hamas. This material may not be published, broadcast, rewritten, or redistributed. Jack Flemming covers luxury real estate for the Los Angeles Times. A Midwestern boy at heart, he was raised in St. Louis and studied journalism at the University of Missouri.
In 2015, 50 Cent posted a photo to his social media pages which showed a giant home located in Africa, which was complete with a pool and large balcony. He claimed that the mansion was his, but when he filed for bankruptcy and during the court rulings, it came to light that he actually never even owned a home in Africa at all. He admitted that his ‘luxurious lifestyle’ portrayed on the likes of Instagram and Twitter and in his songs were all staged, faked or made up. It took 12 years and a total price cut of 84 percent, but 50 Cent's massive 52-room mansion in Connecticut has finally found a buyer.
Because the seller lived several hours away, she would rarely visit, which is why the property was so deteriorated, the couple says. When the two took possession of the home, it had been empty for four years, the couple said. A family built it in the 1960s, and then it was passed down to two siblings, a son and a daughter. The son, an architect, lived in the home for many years, and then, when he passed away, the house went to his sister, who then sold it to Phipps and Volkov. "People were very shocked at how we were able to get that price, especially in that area," Phipps says. The median list price of homes in Vancouver, BC, overall was $1,578,540 in March 2024, according to Houseful, a subsidiary of the Royal Bank of Canada.
Before joining The Times as an intern in 2017, he wrote for the Columbia Missourian and Politico Europe. Downtown L.A., like many vertical-living communities, became slightly less attractive during the pandemic as home buyers across the country opted for more space — even if it meant a longer commute. The trend made it a relatively affordable place to land if you don’t need more than one or two bedrooms, and there’s a host of options in every downtown district with views and amenities. Known as a bastion of Latino culture, Boyle Heights boasts good food, a great location and housing stock that has become more expensive over the years because of gentrification.
So you can imagine the shock of an $18 million listing price when Curtis Jackson first brought the property to market. Once listed for a whopping $18.5 million, 50 Cent’s house in Connecticut finally sold in April 2019 for $2.9 million — significantly less than the initial ask (84% less, to be more precise). The enormous estate was built in 1985 for Benjamin Sisti, founder of failed Colonial Realty Co., who was convicted a decade later in a fraud case. At the time, the mansion was viewed as a monstrosity—five times as large as the next house in Farmington. Since the 1980s, it had become a neighborhood symbol of excess, greed, corruption, and alleged debauchery.
"Imagine having a house back in the day and you could play music everywhere in it from a record player," he says. "The record player was still there when we bought the house, so that was really cool." Next to the outdoor basketball court is a pond that has an elaborate water feature spouting out and a guesthouse. The foundation provides grants to nonprofit organizations that focus on improving the quality of life for low-income and under-served communities across the United States. 50 Cent (by his real name, Curtis Jackson) bought the sprawling property for $4.1 million in 2003 from former heavyweight boxing champion Mike Tyson in a record-breaking deal for the area.
The couple met with the seller and shared their plans to restore the home instead of tearing it down. The seller then agreed to their bid of $2.1 million CAD or $1,525,923 USD. Because of the property's condition, Volkov and Phipps could not get a traditional mortgage and had to opt for a private two-year loan instead. "You can really see this property had not been cared for at all," Volkov says. "Once you got inside, there was a really musky smell with the old furniture and old things there." The house was so dilapidated that the realtor had the couple sign a waiver before entering.
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