Prince's brother-in-law, Maurice Phillips said they want to turn the home into a celebration of his music.
"We will turn Paisley Park into a museum in Prince's memory. It would be for the fans. He was all about the fans - this would remember his music, which is his legacy," he told the Sun.
The musician, 57, died on April 21 at the Paisley Park estate. An autopsy was conducted, but the cause of death has yet to be announced.