Michael Jackson’s Neverland Ranch Lists for $100 Million

Michael Jackson, Neverland Ranch
Michael Jackson's Neverland Ranch is for sale Trae Patton/ NBC NewsWire; Phil Dent/Redferns

In the market for a massive estate once owned by Michael Jackson?! The late legendary singer’s Neverland Ranch has been listed for $100 million, the Wall Street Journal reports.

The 2,700-acre Los Olivos, Calif., property, which is now called “Sycamore Valley Ranch” and is located outside of Santa Barbara, still boasts the iconic floral Neverland clock and train station created by Jackson, but the amusement park rides and animals — aside from a farm of llamas — are gone.

The property has a whopping 22 structures on it, including the Normandy-style main house, where the “Thriller” singer resided, which sits between two lakes and consists of six bedrooms with an attached staff quarters.

Neverland Ranch
John Roca/NY Daily News Archive via Getty Images

Of course, the property also has a swimming pool, tennis court, basketball court, and a 50-seat movie theater. 

Jackson paid $19.5 million for Neverland back in 1987 and lived there for more than 15 years. Due to financial struggles, the singer took out a $24 million loan which real estate investment firm Colony Capital then bought back, creating a joint venture with the artist with the intention to resell the property.

According to listing agents Suzanne Perkins of Sotheby’s International Realty and Harry Kolb of Sotheby’s and Jeffrey Hyland of Hilton & Hyland, they’re warding off Jackson’s fans by doing “extensive pre-qualifications” and won’t be allowing buyers to turn the property into a Graceland-like experience. 

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