The Las Vegas Review-Journal reports ( http://bit.ly/YtFGSY) for sale signs went up Friday at Newton's Casa de Shenandoah.
Under a procedure approved by U.S. Bankruptcy Court Judge Bruce Markell, prospective buyers must post a 5 percent cash deposit of their proposed price by May 15. An auction is scheduled May 31.
Newton has appealed the sale order. The three houses on the 38-acre property have leases and Newton's Arabian horses have a right to graze on the land.
Markell has said that trying to sell the property with such conditions would be challenging.
Plans to convert the estate into a theme park celebrating Newton's career collapsed last year.
Information from: Las Vegas Review-Journal, http://www.lvrj.com