Neverland Ranch court, and a 5,500-square-foot movie theater and stage. The train station and railway tracks were also included. According to TIME, the owners were "specifically looking for a buyer who doesn’t plan to turn the place into a museum for the singer". Due to lack of interest, the asking price of the ranch had fallen to $67 million by February 2017. The property was still on the market in early 2018, at the same price, with Coldwell Banker. Neverland Ranch Neverland Valley Ranch (renamed Sycamore Valley Ranch) is a developed property in Santa Barbara County, California, located at 5225 Figueroa Mountain
Neverland Ranch years of home building...I achieved here all the things I wanted to do in my business but could not". He had considered converting the property to a country club but did not do so. Michael Jackson purchased the estate from Bone in 1988 for an amount that is not certain. Some sources indicate $19.5 million while others suggest it was closer to $30 million US dollars. The property was initially purchased by a trust with Jackson's lawyer, John Branca, and his accountant, Marshall Gelfand, as trustees, for reasons of privacy. The arrangement was later rescinded by Jackson in April 1988