Johnny Depp’s Kentucky horse farm has failed to sell at auction after bidding was too low.
The Lexington Herald-Leader reports the 41-acre (17-hectare) Lexington property was listed for $2.9 million, but the top bid Friday was $1.4 million.
After a conference with Depp business manager Edward White, the auctioneers ended the auction without a sale. The Halfhill Auction Group and White said they’ll continue talking to interested buyers.
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Although there were 14 registered bidders, it was clear from the outset the auction was going to be sluggish. An auctioneer’s suggestion the bidding start at $2.5 million drew no interest, and bidding began at $1 million.
The property includes a 6,000-square-foot house with seven bedrooms, a four-car garage, a guesthouse and three barns.
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Depp is a Kentucky native born in Owensboro.
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