Neverland Ranch Back on Market, for $33M Less

Michael Jackson's old abode could be yours for $67M
By Newser Editors and Wire Services
Posted Mar 2, 2017 10:46 AM CST
Neverland Ranch Back on Market, for $33M Less
Neverland Ranch is now called Sycamore Valley Ranch.   (Carolyn Kaster)

Michael Jackson's Neverland Ranch is back on the market with an asking price of $67 million, the AP reports. The 2,700-acre property near Santa Barbara, Calif., has been renamed Sycamore Valley Ranch. The listed price represents a significant cut from the $100 million it was on the market for last year. In addition to a 12,000-square-foot main residence and a 3,700-square-foot pool house, the listing boasts a separate building with a 50-seat movie theater and a dance studio. Other features on the ranch are a "Disney-style" train station, a fire house, and a barn. Jackson sold the ranch to Colony Capital prior to his 2009 death for $22.5 million. Colony Capital is headed by Thomas Barrack, a confidant and fundraiser for President Trump. (Read more Michael Jackson stories.)

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