Photo (cc) by Visa89
Finally there’s a way to spend that extra $100 million you have lying around. Michael Jackson’s Neverland Ranch, now re-branded as Sycamore Valley Ranch, is on the market, The Los Angeles Times reports.
Jackson bought the 2,700-acre complex in Los Olivas, California, about 150 miles from Los Angeles for $19.5 million in 1987. The L.A. Times notes it was acquired by a private equity firm about six years ago for $22.5 million. The pop star died in June 2009, at the age of 50.
The property owners have done away with some of Jackson’s more eccentric extras — there’s still a fire station, for example, but it’s no longer staffed — and have listed the property with Sotheby’s for $100 million.
The main house on the property is a 12,500-square-foot, six-bedroom French Normandy-style home built in 1982 (the same year the hit album Thriller was released) with seven full bathrooms and two partial bathrooms.
There are two guest houses on the estate, one with four bedrooms and the other with two bedrooms.
Neverland also features a 5,500-square-foot movie theater with a stage, two lakes with a waterfall, a train station and railroad tracks. It once housed a small zoo but no longer does, according to the Wall Street Journal. (There is still a llama and some barns though, so maybe the buyer could start a new zoo around that.) The Journal reports that the amusement park rides also have been removed from the estate.
Some of the other amenities remain, though they are more typical — at least for the wealthy — like a tennis court, basketball court, pool, chef’s kitchen, spa and staff quarters. And some things you might find in a regular neighborhood, like a hot tub — no word on how big it is.
To offer some perspective, the average home size in the United States was 2,392 square feet as of 2010, according to the U.S. Census Bureau. That’s less than half the size of the movie theater on this property. The average price for U.S. homes in 2010 was $272,900.
If you’re curious, The New York Times published one of the more extensive slideshows of the property.
But don’t expect to get much closer to Neverland than that, unless you have the cash. In an effort to prevent a stream of window shoppers, potential buyers will have to be prequalified before they can look. According to Hollywood Life, Kanye West and Kim Kardashian are eyeing Jackson’s estate.