Here's how to bid on the late, great artist's estate in paradise.

By Stacey Leasca
May 09, 2018
Courtesy of Bernadette Hunt, Turks and Caicos Property

Prince may have called Minneapolis home, but the late, great artist also owned a truly gorgeous island retreat in Turks and Caicos. And this paradise is now available to the highest bidder.

Prince initially acquired just the home on the land, then expanded by purchasing the surrounding property, according to Apartment Therapy. The parcel now includes more than five acres of private land on the island of Providenciales.

Courtesy of Bernadette Hunt, Turks and Caicos Property

The compound, according to a statement to the press, “boasts 10,000-plus square feet including six bedrooms, six full and one half bathrooms, panoramic ocean views, a tennis court, two private beaches and a 200-foot personal dock.”

The home itself is rather subdued, with gleaming white walls and floors along with Caribbean-infused style. But that doesn't mean Prince didn’t leave behind a few personal touches.

Courtesy of Bernadette Hunt, Turks and Caicos Property

“Prince also put his characteristic unique touch on the property by creating a purple driveway welcoming guests to the estate,” the statement noted.

While there is no listed minimum bid on the property, People explained that would-be buyers are required to sign over a $100,000 check just to put in a bid. Don’t worry, it’s refunded if they don’t get the property.

“With a unique property like Prince’s Turks and Caicos estate, we anticipate significant interest and multiple bidders,” Todd Wohl, founder of Premiere Estates, said in a statement.

Courtesy of Bernadette Hunt, Turks and Caicos Property

So how much should someone bid? That’s truly up in the air, even for the people selling the house.

“Real estate values in the area ranges quite dramatically. We suggest that all buyers do their own due diligence in regards to assessing value,” Premiere Estate, the company running the auction, noted. “This is the only opportunity to purchase this property. We will provide you with market data for your review.”

Premiere Estate is offering home tours to those interested in checking out and inspecting the property before they place a bid. The auction will take place on July 12, 2018 at 5 p.m. ET, so get your bids ready now.