It took a steep price reduction of over one million dollars, but the Lower Valley estate of Jay J. Armes is off the market with a contract pending.

Ahead of the impending sale of the mansion he’s called home for many decades, the colorful El Paso legend will be holding an estate sale.

Over the course of three days in October, everything he and his wife no longer want or couldn’t fit into the smaller country club home they bought will be sold to the public.

Why Jay J. Armes Is Selling His Lower Valley Mansion

From the minute 93.1 KISS-FM first published the news last year that the famous El Paso private eye had put his home and the acres of land it sits on on the market, the El Paso internet immediately began to wonder why.

Comments such as “he’s probably broke that’s why,” and “sounds like he is needing money” were posted to social media. Others speculated he couldn’t afford the property taxes any longer or that he wanted to live out his golden years somewhere else.

And when it was later announced there was going to be an estate sale, some wondered if Armes had passed away.

No, he’s not dead, and he’s not broke. It’s pretty simple really, according to Armes. The Lower Valley landmark is just too much house for the 80-something and his wife of 54 years, Linda.

Estate Sale Scheduled Later This Month

Originally scheduled to be held in October 2020, but postponed because of the COVID-19 pandemic, the Armes estate sale is set for Oct. 22 through Oct. 24, 2021, from 9 a.m. to 3 p.m. each day.

The sale, which will take place at the estate at 8118 North Loop Drive, is open to the public.

Items to be sold include furniture, hundreds of Armes' tailored suits, Jay J. Armes action figures, and a handful of vehicles. Among them is a 1962 Shadow Rolls Royce, and a bulletproof Cadillac limo.

Spy equipment and other memorabilia from the Central El Paso office he’s used as home base for his decades long career as a private eye will also be part of the estate sale.

Price of Estate Reduced By Over One Million

When the two story 9-bedroom, 8 bath home and the nearly six-acres the estate encompasses on North Loop was put up for sale in 2020, the listing price was $3 million.

This year it was lowered to $1.6 million.

The property currently has a prospective buyer who has a pending contract on it for an undisclosed price. There’s no word if the potential buyer plans a future business development or will keep it as a residence.

Inside the Jay J. Armes Mansion