Celebrity News May 29, 2015
How Much Will It Cost You to Buy Michael Jackson’s Neverland Ranch?
Michael Jackson's infamous Neverland Ranch in Los Olivos, California is on the market, and the asking price is a mere $100 million.
The ranch has been renamed Sycamore Valley Ranch, and has received a makeover since the pop star lived there, including removal of all carnival rides and a zoo, but the 2,700-acre estate still houses a 12,000-square-foot main house, two lakes, a 50-seat movie theater, basketball court, and the iconic “Neverland” clock, according to the Wall Street Journal.
[Credit: Getty Images]
Sotheby's International Realty and Hilton & Hyland real estate agents have reportedly listed the property as a joint venture.
Michael Jackson bought Neverland Ranch in 1987 for $19.5 million. Jackson died June 25, 2009.