The eccentricities are proportional in size to the checkbook and fame of celebrities. An irrefutable example is a ranch that belonged to legendary pop singer Michael Jackson during his lifetime, a gigantic themed mansion based on fantasy located within the forests of California called “Neverland.” The film, managed to capture in a brilliant way the illusions and the great images inside the mind of the American music star.
The death of the King of Pop marked a before and after for the future of this building constructed on the West Coast of the United States, where the singer Alicia Keys has a futuristic house, managing to fall into a sort of bad streak due to its general state of neglect. Equipped with trains, amusement parks, water attractions, and a zoo, with many visitors on its best days, it was abandoned after Jackson’s death in 2009.
Michael Jackson’s Neverland Ranch is finally sold
A story that is obviously very sad given the excellent conditions and all this great tourist attraction could offer to the public and the singer’s followers and fans. The ranch has managed to weather unexpected financial problems and bad luck, as evidently, no one wanted to buy it after all of the issues and legal implications Jackson was exposed to even after his death.
The property was eventually sold for about $22 million to billionaire Ron Burkle and belonged since 1987 to popular singer Michael Jackson, who at the time acquired the property for $19.5 million. Michael lived inside the house for an extended period of 15 years, during which he managed to add the peculiar characteristics that have made him remarkable.
It emphasizes its inclination towards the theme of the movie Peter Pan and the famous never-never land where, in fact, it never grows up. In addition to a spectacular movie theater with fifty seats, several attractions in the style of an amusement park, a train, a zoo, and even snack stations like the ones you can get inside Disneyland.
An up-and-down story for this California property
The trial to which the celebrity was exposed in 2005 for alleged child molestation marked a watershed. From there, she began to distance herself from the 11-square-kilometer (7-square-mile) property, surrounded by cattle ranches and large tracts of land dedicated to the cultivation of grapes..
Then in 2008, the property was already hit by the singer’s financial problems and was converted into a joint venture between Colony Capital LLC and Jackson, a quick and effective solution that saved Jackson from a forced foreclosure sale.
But in 2012, after the singer’s death, the mansion was once again living an uncertain future until in 2015, it was launched on the market with a value of 100 million dollars and under a new name, “Sycamore Valley Ranch” and with renovations to the property, such as eliminating many of the ranch’s mechanical attractions.
Finally, with a value of only $22 million, the iconic “Neverland” ranch has changed ownership. A final bargain price gave the history, the perfect location, and the large size of this real estate property that will undoubtedly always represent a part of the extravagant personality that always characterized the life of this outstanding, controversial, and irreverent American music artist who enjoys maintaining the title of “King of Pop.”