Newswire: Michael Jackson’s Neverland Ranch is for sale for $100 million
Michael Jackson’s former home, Neverland Ranch, is now for sale, according to the Wall Street Journal. Real estate investment firm Colony Capital announced its intention to sell the property last summer, and now the sprawling, 2,700-acre ranch can be acquired for the sobering sum of $100 million.
Earlier reports suggested that the property might become a state park, or even a Graceland-like shrine to the the King of Pop. Instead, Colony Capital decided that it would perhaps be wiser not to create a tourist attraction from the residence/amusement park that became synonymous with numerous allegations of child sexual abuse. Probably better just to sell the estate outright.
While many of Neverland Ranch’s more well-known curiosities—including those amusement park rides—have already been dismantled or auctioned off, the estate still offers unique amenities to the well-heeled tycoon. In addition to the 12,000-square-foot Normandy-style mansion, there …