Prince's private estate and studio complex will open for daily public tours later this year.
Fans of the late star will get the chance to tour the huge Paisley Park complex in the Minneapolis suburb of Chanhassen from October.
The move was announced by the trust company overseeing his estate, and the tours will be managed by the company that runs Elvis Presley's Graceland home.
Prince collapsed and died of an accidental overdose of painkillers in April.
Prince's sister Tyka Nelson said: "Opening Paisley Park is something that Prince always wanted to do and was actively working on.
"Only a few hundred people have had the rare opportunity to tour the estate during his lifetime.
"Now, fans from around the world will be able to experience Prince's world for the first time as we open the doors to this incredible place."
The tours will include studios where Prince recorded, produced and mixed most of his biggest hits, and the soundstage where he rehearsed for tours and hosted private concerts.
Thousands of artefacts from his personal archives will also be featured, including clothes, awards, musical instruments and artwork.
Tickets will go on sale online only on Friday. Standard tickets will cost $38.50 (£29), and VIP tours will be offered for small groups priced at more than $100 (£75).
Tours of Paisley Park will last about 70 minutes, starting every 10 minutes, and each group is expected to include 25-30 guests.
Officials say they expect 1,500 to 2,000 guests on peak days.
The plan requires planning permission from the city council, and it is hoped the complex can be opened as a tourist attraction in October.
Prince, 57, left no known will. The judge overseeing the case has not ruled on who his heirs will be.
A criminal investigation into his death is ongoing; some of the pills taken from Paisley Park after his death were counterfeit drugs that actually contained fentanyl.
It is a synthetic opioid 50 times more powerful than heroin.
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