Michael Jackson’s Neverland Ranch to be sold

SHARE Michael Jackson’s Neverland Ranch to be sold

A piece of popular culture history is going on the block. Colony Capital, which holds the note on Michael Jackson’s famed Neverland Ranch, has confirmed it will be putting the estate in Los Olivos, Calif. up for sale.

Of course, Jackson himself never returned to the fantasy playground he created for himself in the Santa Barbara County countryside — after his June, 2005 acquittal of all charges in that child molestation case that was a media sensation at the time.

Because of zoning laws of both Santa Barbara County and the town of Los Olivos, showbiz411.com reports the idea of turning Neverland (now known as Sycamore Valley Ranch) into a museum is prohibited.

The long-abandoned property has been appraised at $30 million, but Jackson’s beloved animals and carnival-type rides have been sold. The furniture and other contents of the house reportedly are in storage.

The Jackson estate issued a statement expressing “sadness” over the pending sale, but confirmed that Colony Capital was in its rights to sell the estate.

The Latest
Assistant U.S. Attorney Jason Julien on Tuesday told U.S. District Judge Harry Leinenweber he should not allow defense attorneys to embark on “a wide-ranging fishing expedition in the hopes of turning up evidence of some kind of government misconduct.”
For the second time in less than a month, an Illinois angler caught a pending Illinois record pink salmon. What is going on?
The Black, Southern cuisine that the Harvey-raised chef learned at home has made Hyde Park’s Virtue the hottest spot on the South Side and made him a success on “Top Chef.”
In one of the attacks, a man was shot in North Kenwood after confronting three men trying to steal his car.
A 17-year-old girl said she was forced to put the infant in a carseat after a person she knew kicked in the door of a home in the 3800 block of North Richmond Street and struck her in the head, police said.