Michael Jacksons former home and childrens fantasyland,
Neverland Ranch, is now on the market for $100 million according to
the Wall Street Journal. Suzanne Perkins of Sothebys International
Realty is listing this California estate with a new name, Sycamore
Valley Ranch, alongside Harry Kolb of Sothebys International Realty
and Jeffrey Hyland of Hilton and Hyland.
The Ranch is located 40 miles from Santa Barbara and spans
roughly 2,700 acres boasting 22 structures. The Normandy-style main
residence of approximately 12,598 square feet sits between the
propertys two lakes offering six-bedrooms, including a large first
floor master suite with a private loft and two master baths. There
is also a four-bedroom guesthouse near the main home and a
two-bedroom guesthouse a little farther away.
Other features include a swimming pool with a cabana, a barbecue
area, a basketball court, a tennis court, a 50-seat movie theater
with a private viewing balcony, and a stage which includes trap
doors for magic shows.
The amusement park rides and zoo animals including orangutans
and elephants that once were on site are now gone, though there is
still a llama on property. The famous floral clock that reads
Neverland is one of the few features remaining from the days when
Michael Jackson owned the property. Other distinctive features
still there include railroad tracks, a train station, and the
Neverland Fire Department building all built by request of Jackson
during the time of his ownership.
The value of the Ranch has skyrocketed tremendously since
Jackson originally bought the property in 1987 for $19.5
million.
Acknowledging Mr. Jacksons many enthusiastic fans, the listing
agents warned they will be doing extensive prequalification of
potential buyers before showing the property. Our seller is not
encouraging a lot of showings, were not going to be giving tours,
Ms. Perkins added.
Source: The Wall Street
Journal