Jeffrey Epstein’s New Mexico ranch has gotten another drastic price cut.
After nearly 1 1/2 years on the market, the ranch has now been slashed by $9.5 million total, The Post has learned.
The estate first went up for sale in July 2021 for $27.5 million before taking a $6 million price cut in July, dropping to $21.5 million.
Last month, the home was given yet another $3 million price reduction, and the ill-fated ranch now sits at $18 million.
It was a different story for his New York City townhouse, which previously sold for nearly $50 million in March 2021, and his Palm Beach mansion, which sold for $18 million and was later demolished in April of the same year.
Meanwhile, in March, his two former private Caribbean islands, collectively dubbed “Pedophile Island” for the atrocities that took place there, were listed for sale at $125 million, and have not been on the market as long. However, in June, the price dropped 12% to $110 million.
Thus far, all the money from the sale of his properties is expected to go into resolving outstanding lawsuits and the costs of the estate’s operations, Daniel Weiner, an attorney for Epstein’s estate, previously told The Post.
“The proceeds from the sale are expected to be used for the estate’s regular administration, including its payment as necessary of taxes, creditors and claimants,” Weiner said.
“Now that COVID-19 travel restrictions have begun to ease, this unique property should be more easily accessible to a greater number of potential purchasers,” Weiner added.
But it doesn’t appear that anyone wants to invest in the New Mexico property with its corrupt past.
Over the years, women came out accusing the New York-based financier of sexually abusing them at his New Mexico ranch. Though he was never charged with a crime in the state, the compound has been painted as integral to his alleged sex trafficking operation by multiple women who claim they were trafficked and raped at the ranch.
Computer scientist and writer Jaron Lanier told the New York Times that he once spoke to a scientist who related how Epstein’s goal was to have 20 women at a time impregnated at the 33,000-square-foot property, named Zorro Ranch and located outside Santa Fe.
Spanning a colossal 7,600 acres, the ranch centers on a grand, three-story, four-bedroom main house, as well as a nearby caretaker’s residence. Additional structures, including a grass airstrip and hangar, are also part of the ranch. Among the other amenities are a stables, a firehouse and a yurt.
Darlene Streit with Sotheby’s International Realty in Santa Fe holds the listing.
Ex-Brit turned Manhattan resident since 2008.