Got $100M? Buy Michael Jackson’s Neverland Ranch — PHOTOS
LOS ANGELES — Michael Jackson’s Neverland Ranch is going on the market for $100 million.
The 2,800-acre Santa Barbara County development, which is being sold jointly by Sotheby’s and Hilton & Hyland, has retaken its original name, Sycamore Valley Ranch, the Wall Street Journal first reported.
Jackson bought the mansion in 1987 for $19.5 million, but struggled to pay off his loan for it. Real estate investment firm Colony Capital stepped in to help save it from auction.
The palatial estate has undergone extensive development since Jackson’s death in 2009. Its zoo (home to an elephant and orangutans; a llama is still on the premises), amusement park and staffed fire station are gone (the physical building remains), but the signature floral clock and railway are intact.
The 12,000-square-foot main house has six bedrooms. The property also boasts two guesthouses, a swimming pool, barbecue area, basketball court, tennis court and movie theater.
