September 27

Michael Jackson’s former Neverland Ranch up for sale at $100 million

first_imgNeverland, the onetime ranch of international superstar Michael Jackson in Santa Barbara , is up for sale at $100 million. Now dubbed Sycamore Valley Ranch, the 2,700-acre spread retains the floral clock, railroad tracks and train station from Jackson’s ownership. Gone are the amusement park rides, Bubbles the chimp and the elephant.Jackson bought the house in 1987 for $19.5m in the late ‘80s from golf course entrepreneur William Bone. Jackson but struggled to pay for it, until an investment company stepped in to help him save it from auction.The property is now called Sycamore Valley Ranch and has undergone extensive redevelopment since Jackson’s death in 2009.The property, outside Santa Barbara in the Santa Ynez Valley, centers on a Normandy-style mansion of 12,000 square feet with six bedrooms and staff quarters. A four-bedroom guesthouse and a two-bedroom guesthouse are among nearly two dozen other structures on the estate. A swimming pool and sports courts are also on the grounds. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty and Jeffrey Hyland of Hilton & Hyland are the listing agentslast_img

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Posted September 27, 2020 by admin in category "yfxlbluk

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