Michael Jackson’s empty ‘Neverland’ ranch has been up for sale for the last nine months. Incredible drone footage shows the deserted property, which is valued at £71 million.
The famed Neverland Valley Ranch, formerly owned by late pop star Michael Jackson, has been formally listed for sale on the market at basically $100 million in Los Olivos, California.
The storied estate is co-listed by Suzanne Perkins of Sotheby’s International Realty and Harry Kolb of Sotheby’s and Jeffrey Hyland of Hilton & Hyland.
The sprawling estate, priced at $100m (£71.5m), has so far failed to sell after it first appeared on the property market since 2016. Now empty, the spectacular drone footage shows just how huge the house and its land actually is.
Sotheby’s International Realty are in charge of selling the property, which was renamed Sycamore Valley Ranch in an attempt to avoid ‘capitalizing on Michael’s estate’.
The famous fairground, installed by Michael Jackson, has also been removed from the property as agents made the decision to remove traces of the singer’s memory from the house.
But some features remain, including the extensive topiary outside the front door of the main house, which clearly spells out ‘Neverland’. And while the house has garnered some interest from prospective buyers, none have completed in a sale.
The main house sits in a whopping 2,698 acres of land and boasts six bedrooms and seven bathrooms. There is also a cinema, several barns, a pool house and a tennis court. Animal shelter facilities are also included.
Sotheby’s describe the home as the ultimate ranch retreat, nestled between extensively landscaped gardens and a four-acre lake complete with waterfall, incredible pastoral views to the south and majestic mountain views to the north.”
Michael Jackson bought the property in 1987 for $19.5m (£12.5m).
In 2008, Neverland Ranch was handed over to investment firm Colony Capital LLC after the King of Pop ran into created financial troubles. Following his murderous death in 2009, the ranch fell into disrepair.
Michael’s daughter Paris resolved to restore the home to its former glory after she visited in 2010.
Since it was announced that the property was up for sale, many of Jackson’s fans have announced their dissatisfaction with the decision, believing it should be turned into a place of pilgrimage, similar to Elvis Presley’s Graceland.
Neverland, once known as Sycamore Valley Ranch, has officially reverted back to that name again today.
Regardless of the name, the 12,000 sq. ft. main residence has an eccentric story that all began with Michael Jackson purchasing the 2,675-acre sprawling property in 1988 for $19.5 million.
With his eclectic tastes and imaginative mind, Jackson poured upwards of $30 million into Neverland improvements, which included constructing an amusement park, a 50-seat movie theater and stage with a private viewing balcony.
But also trap doors for magic shows, a swimming pool with a cabana, barbecue area, basketball court and tennis court, plus a zoo filled with many exotic animals.
Michael Jackson’s famed Neverland Ranch has finally sold to billionaire Ron Burkle for $22 million after more than five years on and off the market, Katherine Clarke reported for the Wall Street Journal.
Burkle, co-owner of the Pittsburgh Penguins and owner of members-only club Soho House, paid $22 million for the property after spotting it from the air and calling the owner directly, per the Journal.
Jackson’s former home was rebranded as Sycamore Valley Ranch and listed for $100 million in 2015, but it languished on the market for more than five years even after multiple price cuts.
News Punch / Pinnacle List 2015.
Another Rip-Off made possible by Sotheby’s and some other Zionist minded money sucking leaches glorifying their creepy actions. Sold for 22% of listing price shows the value paid to the non Zionists.
First the demonic child rapist entities kill MJ, in order to confiscate his properties for a nickle and a dime?