As the The Wall Street Journal reported this week, Michael Jackson’s former Neverland Ranch has hit the market for a whopping $100 million. The 12,000 square-foot home where the late King of Pop lived with his numerous exotic animals sits on 2,700 acres in Los Olivos, about 40 miles from Santa Barbara, and is now called “Sycamore Valley Ranch.” The property has about 22 structures on it, including the Normandy-style main house with six bedrooms plus an attached staff quarters nestled between the property’s two lakes, and two guesthouses (one four-bedroom and other two-bedroom).
There’s also a swimming pool with a cabana, a barbecue area, basketball court and a tennis court. Not to forget a 50-seat movie theater complete with trap doors on the stage for magic shows, and the floral clock and train station which are still there as well.
In 1987, Jackson purchased Neverland Ranch for $19.5 million and lived there for more than 15 years.