Michael Jackson’s Neverland Ranch Listed for $100 Million
Michael Jackson's iconic Neverland property is officially up for sale. So if you've got a paltry $100 million lying around and want to live in the late icon's house, now's your chance to make a move.
The 2,700 acre ranch, which boasts a now-defunct train station, its own home movie theater and a six-bedroom house, has been put back on the market, according to the Wall Street Journal. The late Jackson reportedly paid $19.5 million for the Los Olivos property when he first purchased it back in 1988 -- long before he renamed it Neverland, an obvious reference to Peter Pan. Jackson defaulted on the property back in 2008, transferring the ranch's title to Sycamore Valley Ranch Company LLC, which reportedly cleared his debt at the time.
The property was once well known for its sheer lavishness, from exotic animals like orangutans and elephants to amusement park rides. While most of those things are long gone by now, the floral clock that spells out Neverland is reportedly still on-sight, so there's that.
But if you're a huge Michael Jackson fan just trying to fool the real estate agents in an attempt get onto the property to view the legendary ranch, think twice before you trying anything. The Wall Street Journal goes on to report that they will be sure to do "extensive pre-qualification" of anyone looking to buy the property. Jeffrey Hyland of Hilton & Hyland said, "Our seller is not encouraging a lot of showings," and Suzanne Perkins of Sotheby's International Realty confirmed this saying, "We're not going to be giving tours." Bummer.
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