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Michael Jackson’s Neverland ranch put up for sale
The estate went on the market in May of this year, and after not selling for the asking price of $100 million, the mega property again is up for grabs.
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You can check out the segment below, which looks at the details and sale of the 2,700 acre Santa Ynez Valley, California estate known as Neverland. LA-based worldwide investment firm Colony Capital now owns the property.
“Neverland”, the Peter Pan inspired home of superstar Michael Jackson, is for sale for a not too shabby $100 million.
The singer bought the property in 1987 for $19.5 million and before his death was bought by Colony Capital after Michael defaulted on a loan.
Now NBC’s Joe Fryer has given fans a glimpse inside the ranch, as potential buyers begin to line up.
Jackson’s rides have been removed but the train station, iconic floral Neverland clock and his spacious 50 seat movie theater are still on the property.
The ranch still has the six-room mansion as its centerpiece, as well as several pieces that serve as a reminder that the place was once an amusement park.
Pulse readers say they would pay N19.9 billion to live in Michael Jackson’s home.
In 2005, Neverland was notoriously host to a series of child molestation accusations against the pop star, who was charged and then later acquitted.
“So we’re just following through with our original vision”, he said.
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Jackson’s former animals have since been rehomed.