• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Arts & Entertainmentprince

Inside Prince’s Mysterious Estate, the Next Graceland

By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
April 26, 2016, 4:14 PM ET
Minneapolis Area Mourns Death Of Native Son Prince
CHANHASSEN, MN - APRIL 22: Music fans visit a memorial outside Paisley Park, the home and studio of Prince, on April 22, 2016 in Chanhassen, Minnesota. Prince, 57, was pronounced dead shortly after being found unresponsive yesterday at Paisley Park. (Photo by Scott Olson/Getty Images)Scott Olson — Getty Images

Prince and Elvis Presley, in their primes, were about as far apart as you could get musically. But the growing, if unlikely, comparisons between the King of Rock and His Royal Badness are likely to gain traction after reports emerged Tuesday that Prince’s Paisley Park home and studio will be turned into a museum.

The late musician’s brother-in-law, Maurice Phillips, told the Sun that plans are underway to convert the complex into a memorial. He did not, however, give any timetable for the conversion – and there’s still the matter of figuring out who legally will inherit Paisley Park, as well as Prince’s estate, valued at an estimated $300 million. (Prince’s sister Tyka Nelson has said the performer left no will and asked a judge to appoint a “special administrator” for the estate.)

More than just a recording studio

Paisley Park, a 65,000 square foot compound valued at $10 million, was built in 1987. Named after Prince’s 1985 song Paisley Park, it was way more than the place Prince recorded his music. It was also his home, his comfort zone and ground zero for many of his social interactions with fans.

Prince File Photos
The control room in one of the recording studios inside Paisley Park circa 1990.Kevin Mazur — Getty Images

“Prince wanted to have a place where he could do all his music and make films and do his tour rehearsals and to dance, choreography and everything under one roof, which back 25 years ago was quite progressive,” Paisley Park architect Bret Theony told CBS NewYork.

It also helped put Minneapolis on the map for music. Neil Young, Barry Manilow and the Muppets are among those who have rehearsed at Paisley Park. The compound also has been used by others for film work; commercials were filmed there for Burger King, Cadillac and Hormel Chili.

Few saw the inner sanctum

Unlike Graceland, which was legendary among fans before Presley’s death, few know much about what the inside of Paisley Park is like. Prince was notoriously private and only his inner circle was granted access into the inner sanctum. But he would host events in the facility’s public areas.

Prince File Photos
Prince’s “Foo Foo Room” which contained his awards and the vault which had his original master recordings circa 1990.Kevin Mazur — Getty Images

While his last formal concert was in Atlanta, he hosted a concert at the facility the Saturday before his death, where he showed off a new Yamaha piano and a purple guitar to guests. Last October, after the Minnesota Lynx women’s basketball team won the world championship, he threw a party for the team. He even reportedly threw pajama parties – complete with a pancake breakfast.

“It looks almost exactly like you’d imagine a huge recording complex owned by Prince would look. There is a lot of purple,” The Guardian newspaper reported. “The symbol that represented Prince’s name for most of the 90s is everywhere: hanging from the ceiling, painted on speakers and the studio’s mixing desks, illuminating one room in the form of a neon sign.”

Director Kevin Smith, who shot a documentary (that was never released) for Prince at Paisley Park, did spend some time at the compound years ago. In a Q&A with fans, he discussed the time there, noting that every room in the facility was wired for sound, allowing Prince to record anywhere he liked. (You can watch the Q&A here.)

Secretive

From the outside, Paisley Park is no Graceland. At the center of the compound is a nondescript white aluminum mansion with few windows that more closely resembles a warehouse. There are other buildings on the grounds – like the oval multi-story structure behind main building – whose purpose is unknown by the public.

Prince File Photos
The stage where Prince used to rehearse for his tours inside Paisley Park circa 1990 at Paisley Park in Chanhassen, Minnesota.Kevin Mazur — Getty Images

Prince reportedly worked on the compound’s first floor, which housed recording studios, a sound stage, and a sizable rehearsal hall. Like a Las Vegas casino, the performance areas have no windows so he could lose track of time and not be distracted. His private residence and offices were located on the upper levels.

A meditation room

The main building is also said to contain a private nightclub that can accommodate up to 1,000 guests and something called the Galaxy Room, said to be intended for meditation. (It reportedly is illuminated entirely by ultraviolet lights and has paintings of planets on the walls.)

Prince also had a “basement vault,” where he is said to have kept awards and tapes of unreleased songs. “He wanted a place to keep his master recordings, but at the time it was very important to keep this a secret,” the architect said.

It’s the sort of place you would expect Prince to live, if the reports are accurate – and that could make it a must-see destination for fans.

Prince File Photos
Prince’s motorcycle from the “Purple Rain” film circa 1990.Kevin Mazur — Getty Images

Keep in mind: It took five years for Graceland to be opened as a museum after Elvis’s death. Today, more than 500,000 people visit the rock legend’s home every year.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

See full bioRight Arrow Button Icon

Latest in Arts & Entertainment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Big Tech
The Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to 'cure or prevent all disease'
By Sydney LakeFebruary 1, 2026
1 day ago
placeholder alt text
Success
U.S. Olympic gold medalist went from $200,000-a-year sponsorship at 20 years old to $12-an-hour internship by 30
By Orianna Rosa RoyleFebruary 1, 2026
1 day ago
placeholder alt text
Economy
'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted and everyone's now looking at the wrong alarm
By Eleanor PringleJanuary 31, 2026
2 days ago
placeholder alt text
Future of Work
Ford CEO has 5,000 open mechanic jobs with up to 6-figure salaries from the shortage of manually skilled workers: 'We are in trouble in our country'
By Marco Quiroz-GutierrezJanuary 31, 2026
2 days ago
placeholder alt text
Success
Ryan Serhant starts work at 4:30 a.m.—he says most people don’t achieve their dreams because ‘what they really want is just to be lazy’
By Preston ForeJanuary 31, 2026
2 days ago
placeholder alt text
Energy
Top energy expert says probability the U.S. will attack Iran soon is 75% as risk of major disruption to oil supply is priced in — 'this one is real'
By Jason MaFebruary 1, 2026
20 hours ago

Latest in Arts & Entertainment

noah
PoliticsImmigration
Trump erupts about Trevor Noah joke linking him to Bill Clinton and Jeffrey Epstein: ‘I can’t speak for Bill, but I have never been to Epstein Island’
By Andrew Dalton and The Associated PressFebruary 2, 2026
3 hours ago
eilish
Arts & EntertainmentImmigration
‘No one is illegal on stolen land’: how the Grammys turned into a giant Trump roast and ICE protest
By James Pollard and The Associated PressFebruary 2, 2026
3 hours ago
phil
Lawwinter
America’s most famous groundhog sees his shadow, predicting 6 more weeks of winter weather
By Mark Scolforo, Tassanee Vejpongsa, Kathy McCormack and The Associated PressFebruary 2, 2026
4 hours ago
PoliticsDonald Trump
Kennedy Center to close for 2 years for renovations after a wave of canceled shows due to Trump adding his name to the building
By Michelle L. Price and The Associated PressFebruary 1, 2026
17 hours ago
Arts & EntertainmentMovies
‘Melania’ documentary debuts with $7 million in ticket sales after Amazon MGM Studios spent $75 million for rights and marketing
By Jack Coyle and The Associated PressFebruary 1, 2026
22 hours ago
Several pictures of people receiving medical treatments including a facelift and oxygen therapy.
HealthSuper Bowl
Hims and Hers Super Bowl ad highlights ‘uncomfortable truth’ about elite healthcare for the rich and ‘broken’ system for the rest
By Jacqueline MunisFebruary 1, 2026
1 day ago