Prince’s estate is auctioning off one of the singer’s most cherished properties. And, no, it’s not the legendary Paisley Park in Minneapolis; we’re talking about his incredible retreat home in Turks and Caicos.

In a couple of months, Prince’s private Caribbean compound will be available for purchase through a worldwide auction. The property, which the late artist reportedly purchased in 2010 for $12 million, is located on the pristine island of Providenciales over five acres. According to Premiere Estates, the residence spans 10,000 square feet, and includes six bedrooms, six and a half bathrooms, a tennis court, panoramic ocean views, two private beaches, a 200-foot personal dock, and a purple driveway (of course).

“How do you value a masterpiece like the Mona Lisa?’’ said Todd Wohl, founder of Premiere Estates Auction Company. “The value is ultimately determined by the market—with a unique property like Prince’s Turks and Caicos estate, we anticipate significant interest and multiple bidders.”

The company will begin taking bids on July 12. Those who are interested in owning a piece of music history can learn more about the auction, as well as the six-figure registration fee, at Premiere Estates’ website

You can check out photos of the Purple One's retreat below.

Prince Estate to Auction Off Late Singer's Turks and Caicos Property

Prince Estate to Auction Off Late Singer's Turks and Caicos Property

Prince Estate to Auction Off Late Singer's Turks and Caicos Property

Prince Estate to Auction Off Late Singer's Turks and Caicos Property