logo
Getty Images
Getty Images

Glimpse inside Michael Jackson's Former Home Neverland Ranch Which Remains Unsold after 5 Years

Gracious Egedegbe
Sep 17, 2020
07:30 P.M.

The late "King of Pop," Michael Jackson left behind a 12,600-square foot house, the Neverland Ranch which remains unsold five years after being in the market.

Advertisement

The whole world stood in shock on June 25, 2009 when Michael Jackson died at 50. The pop icon, who was one of music's most commercially successful artists, breathed his last in his Los Angeles home.

Jackson suffered multiple cardiac arrests after taking a fatal combination of drugs given to him by his personal doctor, Dr. Conrad Murray.

Michael Jackson in concert in Bremen during the HIStory World Tour in 1997. | Photo: Getty Images

Michael Jackson in concert in Bremen during the HIStory World Tour in 1997. | Photo: Getty Images

The doctor was convicted of involuntary manslaughter following Jackson's death while many debated who was to blame for the singer's demise, citing Jackson's concert promoter, AEG Live, as a culprit.

Jackson died, leaving many mourners and a 12,600-square foot estate, the Neverland Ranch, which was put up for sale in 2015.

Advertisement

However, the estate remained unsold for five years after going up for sale despite many renovations carried out on it, costing millions of dollars.

Advertisement

The estate is 2,700 acres and contains the main residence, a lake, a movie theater, pool, dance studio, barns, and a tennis court. It is quite an impressive edifice.

The proceeds from the sale of the property will go to his family members who inherited most of the estate.

When Neverland Ranch went up for sale, it did so at the price of $100 million. It was later reduced to $67 million before going off the market. It soon returned to the market, selling at $31 million.

Michael Jackson's Neverland Ranch near Santa Barbara, California | Photo: Getty Images

Michael Jackson's Neverland Ranch near Santa Barbara, California | Photo: Getty Images

Compass's Suzanne Perkins and Kyle Forsyth are the listing agents of the property. Jackson named his estate Neverland Ranch during his time on earth. It was a name in tribute to Neverland from "Peter Pan."

Advertisement

The property is now co-owned by a joint company between the late pop star's estate and real estate investment trust, Colony Capital. The new owners renamed the property Sycamore Valley Ranch.

An aerial view of singer Michael Jackson''s Neverland Valley Ranch on June 25, 2001. | Photo: Getty Images

An aerial view of singer Michael Jackson''s Neverland Valley Ranch on June 25, 2001. | Photo: Getty Images

The ranch's infrastructure and landscaping were upgraded though many of its features such as the train tracks and guest houses were left intact.

The proceeds from the sale of the property will go to his family members who inherited most of the estate. His mother, Katherine will inherit 40% while another 40% will go to his three kids. The remaining 20% will go to charities.

Michael Jackson performs on stage during the "HIStory" world tour concert on November 10, 1996. | Photo: Getty Images

Michael Jackson performs on stage during the "HIStory" world tour concert on November 10, 1996. | Photo: Getty Images

Advertisement

Jackson's kids, Michael, Paris, and Prince (who now goes by the name Bigi) are now young adults making a living for themselves in today's world.

Paris, Jackson's only daughter, has a modeling and acting career. She is also a member of the band, The Sunflowers, and is reputed for her activism.

Jackson's first son, Michael, is a graduate of Loyola Marymount University. He appears in his younger brother, Bigi's YouTube videos where they review movies and television shows on their YouTube channel.

Advertisement
info
Please fill in your e-mail so we can share with you our top stories!
By subscribing, you agree to our Privacy Policy
Advertisement
Related posts

Katherine Jackson Pushes Back against Her Grandson in Court

March 27, 2024

Why Michael Jackson Wore a White Glove on His Right Hand – Pics Where We Saw His Bare Arm

February 23, 2024

Head Tattoos and Wig: What Michael Jackson’s Autopsy Revealed About Him

April 26, 2024

Michael Jackson's Dad Once Spoke about the Singer's Alleged 4th Child – Meet the Grown-up Boy Who Was Michael's Copy

February 02, 2024

What Happened to Mom of 2 of Michael Jackson's Children Who Fought for Them after His Death?

April 03, 2024

Harrison Ford's Longtime Family Home He Bought for $1M Lists For $20M — Details & Photos

April 04, 2024

Michael Jackson’s Youngest Son ‘Looks Just Like’ Dad & Is Already ‘So Big’ in a Rare Family Photo

January 30, 2024

How Michael Jackson Would Look without Plastic Surgery before His Passing At 50: Photo via AI

May 02, 2024

Michael Jackson’s Only Daughter, 25, Seen in Stunning Bodycon Dress, Looking like His ‘Spitting Image’

March 06, 2024

This Boy Grew up Poor & Had to Look for a Job – He Is Now a Music Prodigy, Oscar Winner & Owns a Luxe Mansion

April 22, 2024

Usher Will Not Be Paid for His Super Bowl Performance – What Happened

May 04, 2024

Michael Jackson’s Nephew Looks Like His 'Perfect Recreation' in a New Photo

February 14, 2024

What Happened to Alan Jackson Who Disappeared from the Scenes a Year after Revealing His Diagnosis?

February 13, 2024

Rihanna Reportedly Sells Matthew Perry's Former Penthouse Less than a Year after She Bought It — Details & Pics

March 18, 2024