The reported asking price: $100 million. Beyond snagging himself roughly 2,700 acres and a nearly 12,000-square-foot mansion — among the many structures on the estate — Burkle also got a deal. Watch. Late last week, The Wall Street Journal reported that Neverland Ranch, Jackson's estate where much of the alleged abuse was said to have taken … According to the Journal, Jackson defaulted on a loan backed by the ranch and Colony bought the note in 2008, which put the title into a joint venture. Michael Jackson's Neverland Ranch Is for Sale for $31 Million Michael Jackson's Neverland Ranch Is on the Market for $31 Million The original asking price of … 12,598 sq. In addition to multiple barns, there's a petting zoo. The estate first hit the market in 2015 for a whopping $100 million. Monique Valeris is the senior home editor for Good Housekeeping, where she covers decorating ideas, home tours, gift guides and more. Neverland Ranch is back on the market for $31 millionless than half of its previous listing price of $67 millionBUY IT NOW!!! Michael Jackson's "Neverland" estate is on sale for $31 million. We've received your submission. Michael Jackson's famed Neverland Ranch in California has finally sold, more than 10 years after the death of the pop star who abandoned the property following his trial on charges of molesting a young boy there. We may earn commission on some of the items you choose to buy. Neverland Ranch Is for Sale and It’s Going for a Song A realtor walks us through Michael Jackson’s former SoCal compound, currently listed for a mere $31 million By As to be expected, the sprawling retreat, known as Sycamore Valley Ranch, is nothing short of extravagant. As of this week, Michael Jackson’s former home Neverland Ranch is once again on the market, this time for $31 million. News of the listing breaks just as HBO's much-talked-about four-hour documentary, "Leaving Neverland," airs on March 3 and 4. 2,208, This story has been shared 1,666 times. from Bulgaria. Michael Jackson’s Neverland Ranch for sale … Michael Jackson's Neverland Ranch statues are on sale, 28 items with an asking price of $2.5 million. Both sell, eventually. 1 / 21. Here's a look at some photos of this beautiful and iconic property. Michael Jackson's Neverland Ranch in California has found a new owner in billionaire businessman Ron Burkle. Sycamore Valley Ranch formerly known as Neverland Ranch, is both residence and retreat. While for sale, Neverland was renamed Sycamore Valley Ranch in an apparent effort to rid the property of its disturbing legacy. Every item on this page was chosen by a Town & Country editor. ft. offers 6-bedrooms, a first-floor master suite with 2-master baths. or Best Offer. Post was not sent - check your email addresses! (Pictured) The front gate of the Neverland Ranch, pictured in July 2009. Neverland Ranch, Former Home of Michael Jackson, Is Sold Ronald W. Burkle, the billionaire co-founder of the investment firm Yucaipa Companies, bought the ranch … While for sale, Neverland was renamed Sycamore Valley Ranch in an apparent effort to rid the property of its disturbing legacy. Michael Jackson’s Neverland Ranch has sold for $22 million, a dramatic discount off the original $100 million listing. ... Neverland Ranch was rebranded Sycamore Valley Ranch and put on the market for US$100 million in 2015. The ranch formerly known as Neverland, and formerly owned by Michael Jackson, is for sale, for $100 million. 29 watchers. Ft. 2319 Westbury Way, Santa Maria, CA 93455. “Having sold many of the largest ranches on the south coast in Santa Barbara County, I can easily say without hesitation that this is one of the more spectacular ranches in so many different ways.”. $4,995.00. 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