James Packer lists $283m super yacht as his Mexican ‘prison-like’ mansion nears completion

As James Packer is set to move into a Mexican mansion described by locals as a ‘prison’, the billionaire is now looking for a buyer for his epic $300m yacht with nightclub and ‘man cave’.

Australian billionaire James Packer is putting the finishing touches on his sprawling $50 million Mexican mansion after three years of construction.

The massive single-storey estate occupies one of the largest beachfront blocks in Cabo San Lucas, located on Mexico’s Baja California peninsula.

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Packer started construction on the palatial home three years ago after he purchased the site in 2018.

James Packer’s Mexican dream home is nearly finishes as looks to offload his boat. Picture: Scott Barbour/Getty Images.

The billionaire’s Mexican home under construction in 2018. Picture: Nathan Edwards/ News Corp Australia.

And it appears not all the locals are impressed by the mansion, with one neighbour telling the Daily Mail it looked “more like a maximum-security prison” than a billionaire’s home.

The home is tucked behind a towering wall facing the street. Seven separate buildings make up the residence and features a large open air courtyard, an infinity pool and manicured lawns.

But if aren’t in the market for a Mexican prison-like mansion, Packer has an even more expensive residence for sale that will blow the international escape out of the water.

MORE: Pictures of James Packer’s Mexican mansion

His yacht is over 100m long. Source: Burgess.

You won’t find many gyms with a better view.

Packer is still searching for a buyer of his epic $283 million Italian-built super yacht IJE.

Featuring a nightclub, 11 cabins, swimming pool and a theatre, the floating palace is nearly three times the cost of Australia’s most expensive home — Fairwater in Point Piper.

Packer’s IJE super yacht was first listed last month and comes only two years after the casino mogul purchased the ship in 2019 for $200 million. It is named after his three children, Indigo, Jackson and Emmanuelle.

Have your very own nightclub. Source: Burgess.

The ‘man cave’ has plenty of toys and views.

A firepit at the rear of the ship.

The listing – on the Burgess yacht advertising site — comes after he gave video evidence to the NSW independent Liquor and Gaming inquiry into money laundering in his casinos earlier this year.

The inquiry found Crown Resorts was not fit to operate casinos in NSW and recommended it would need to make some drastic changes before its casino at Barangaroo could open.

Packer, who owns 37 per cent of Crown, later agreed to play no role in how Crown is run for the next three-and-a-half years after the inquiry found his influence was a reason it was unfit to open the new casino.

A home cinema at sea.

One hairdresser that did not need to close during lockdown. Source: Burgess.

Packer’s “sea” office.

IJE has accommodation for 22 guests in 11 cabins. The 108m “giga-yacht” comes with a mind-boggling array of features, including a swimming pool, gym and cinema and even your very own barber’s salon.

The next owner can also enjoy two 12m tenders, a private owner’s deck, a swimming pool, lounge, bar and firepit.

Packer is described as “a very experienced owner”.

Additional reporting by Stephen Nicholls

Originally published as James Packer lists $283m super yacht as his Mexican ‘prison-like’ mansion nears completion