You wouldn’t expect anything less than grandeur from Michael Jackson. The late King of Pop’s wonderland of a former home is at last up for sale. This sprawling estate, once known as Neverland Ranch, has been put on the market for a cool $100 million. This 2,700 acre property near Santa Barbara, California features an impressive 22 structures, 2 lakes, pool with a cabana, tennis court, basketball court and BBQ area.
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Jackson bought the property in 1987 for $19.5 million and renovated the grounds to be a fun park.
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The property group that purchased the house removed many of the signature Jackson features, including the zoo and amusement park.
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The developers renamed the estate Sycamore Valley Ranch, the name held before Jackson christened the property 'Neverland Ranch'. They have recreated the grounds as a sprawling luxurious estate.
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The Normandy style main house is 12,000 square feet and is ideally located between the estate’s two lakes. It features 6 bedrooms and staff quarters. The property also features 2 guest houses.
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Jackson's former two-story arcade.
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A 50-seat movie theater, with a stage, trap doors and private viewing balcony.
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A spacious dance studio is located in the same building as the movie theater.
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The estate was speculated to cost Jackson $3 million annually for upkeep and maintaince of a 54-member full-time staff.
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A plush stone wine cellar, in the building housing the arcade.
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Jackson moved out of the property in 2005 after lengthy legal ordeal.
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The former amusement park, which has now been dismantled.
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One of the few signs that will remain of Jackson’s former ownership is the train, and a great outdoors clock made from flowers.
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Commercial and Residential Real Estate | TomGriffey.com | 909-730-3638 | getgriffey@gmail.com | Lic 1155574
Monday, June 1, 2015
The Magical World of Neverland
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