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Friday, 29 May 2015

Michael Jackson's Neverland ranch up for sale


Wall Street Journal reports, Michael Jackson's Neverland ranch has gone up for sale with a price tag of $100m (£65m).

The Santa Barbara development was once home to a zoo, an amusement park and its own fire station.

Much of this has gone but there is still a floral clock and a railway.

Jackson bought the house in 1987 for $19.5m but struggled to pay for it, until an investment company stepped in to help him save it from auction.

The property is now called Sycamore Valley Ranch and has undergone extensive redevelopment since Jackson's death in 2009.

The 2,800 acre (1,100 hectare) site, at 5225 Figueroa Mountain Road, is now being sold jointly by Sotheby's and Hilton & Hyland.

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