Michael Jackson’s Neverland Ranch Just Took A $69M Price Cut, Check Out All The Cool Stuff You Get

by 2 years ago
Michael Jackson Neverland Ranch Takes 69 Million Price Cut

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This coming June will mark 10 years since the “King of Pop” Michael Jackson passed away under rather mysterious circumstances at the age of 50.

And yet here we are in 2019 and Jacko is still in the news as his remaining family is in a pissing match with HBO and director Dan Reed over the upcoming Leaving Neverland documentary.

It’s also been 10 years since Jackson’s Neverland Ranch began to fall into disrepair before the Jackson estate and co-owner of the estate, Colony NorthStar, completed renovations to the property in 2015.

In May of 2016, the 2,698-acre ranch was officially put up for sale with an asking price of $100 million. By February 2017, the price for the property had been dropped to $67 million.

Now, in 2019, with the estate still unsold, the price has dropped all the way down to $31 million.

The property, now officially known as the Sycamore Valley Ranch (even though everyone knows what it really is), is located about 50 miles from Santa Barbara and includes the 12,598-square-foot main house with with six bedrooms, seven baths, and two-half baths where Jackson lived, but sadly, does not include the many amusement park rides, which are long gone.


 

On the plus side, the train station and train tracks are still there.

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The property also still has three guest houses, a 5,500-square-foot movie theater with a stage and dance studio, several barns, animal shelter facilities, corrals, and a maintenance shop.

Also on the property are the fire department building (with its own 1950s firetruck), a five-bay garage, playhouse, entertainment patio, a lagoon-style pool, basketball court, lighted tennis court, several paths and gardens, a four-acre lake, and a llama that still lives at the petting zoo.

Anyone want to go in on this with me? The place looks like a real blast.

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[Realtor.com]

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Before settling down at BroBible, Douglas Charles, a graduate of the University of Iowa (Go Hawks), owned and operated a wide assortment of websites. He is also one of the few White Sox fans out there and thinks Michael Jordan is, hands down, the GOAT.

TAGSCelebrity homescelebrity real estateMichael Jacksonmusicneverland ranch