3 years ago 2 years ago

A Glimpse Inside The Neverland Ranch, Michael Jackson’s Infamous Former Residence

4 min

by Factionary 3 years ago2 years ago

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Looking inside celebrity homes is always an exciting thing to do. They are glamorous, fancy, and have everything one could ever want.

Michael Jackson’s previous home Neverland Ranch was also the same. It had everything one could want and much more.

Here is your complete guide to this property and why it has become unsellable.

History Of The Neverland Ranch

Every home has a history. It makes it part of the living experience. Every time one buys a property, they are also purchasing the history that comes with it. The Neverland Ranch is situated in Los Olivos, California.

The ranch is a property of almost 2,700 acres, and Michael Jackson made it his home for over fifteen years. He bought this ranch in 1987 for $19.5 million.

The ranch was given this name because Jackson wanted to pay tribute to Never Neverland from Peter Pan.

Neverland Ranch was his home, and this is where he spent most of his time. Even Kim Kardashian had her fourteenth birthday in this ranch, and she called it the most magical place.

Here is everything the ranch includes:

A movie theatre with fifty seats
Dance studio
A few barns
Two guest houses
The main residence
Six bedrooms
Nine bathrooms
14-foot pool
Disney-themed train station
Staff facilities
Outdoor clock with many flower beds

Who wouldn’t want to buy such a property? It belonged to a pop star, and it has impressive features that everyone could wish to have.

However, the property is unsellable, and no one wants to buy it anymore. Let’s explore why.

Neverland Ranch: A Children’s Paradise

Jackson didn’t come from a wealthy background. His childhood was spent trying to meet ends, and he never had enough.

That is why Jackson made Neverland Ranch what it was. He wanted it to be everything he could never have or enjoy as a kid. That is why he included everything he loved from his childhood in this home.

The property had a petting zoo, roller coaster, two railways, bumper cars, pirate ship, Ferris wheel, lions, tigers, elephants, and much more.

It was a mini amusement park. Every day a bus full of kids came to the Neverland Ranch to experience these fantastic amenities that Jackson had included for the children. However, not all was fun and games.

Prosecutors included in Jackson’s cases reported that the ranch was not created to make children happy but to lure them so that Jackson could take advantage of them, which eventually led to the ranch’s downfall.

Why Has The Neverland Ranch Become Unsellable?

We all know the child abuse lawsuits that were thrown at Michael Jackson.

These lawsuits diminished his popularity among his fans and other people worldwide.

Just after he died in 2009, his property was searched and what was found was shocking.

The house was filled with child dummies that were incredibly creepy to look at, and it was filled with porn. The home also allegedly had a “secret chamber” where Jackson used to abuse children.

Of course, no one wants to buy a house with such a history, so the home’s price came down to $31 million from $100 million.

Even after this reduction, no one wanted to buy the house because of what came to light following Jackson’s death.

From Neverland Ranch To Sycamore Valley Ranch

All the lawsuits and allegations put Jackson under a lot of financial stress.

The amount of debt he had kept on increasing, and in 2008 he had to face the foreclosure of Neverland Ranch.

Due to this foreclosure, he had to enter Neverland Ranch in an ownership agreement.

The agreement was between him and a private investment firm known as Colony Capital. The deal was for $23 million.

Just a year after this agreement, Jackson passed away, and so the company started working on this property.

They wanted to turn it into something else, so it was a happy place and did not remind people of whatever had transpired here, according to the allegations.

So, Colony Capital spent a significant amount of money on restoring the ranch.

They completely rebranded the property and named it Sycamore Valley Ranch.

This name was given because of the beautiful sycamore trees, the rolling hills, and the incredibly lush grounds surrounding them.

After restoring and rebranding, the property was put on sale in 2015 for $100 million.

However, even doing all of this was of no use because the property was unsellable.

Five years ago, it was priced at $100 million to attract people who wanted to buy something that had a celebrity attached to it, but this strategy didn’t work.

Colony Capital thought people would purchase the property because it was a beautiful piece of real estate and forget about Jackson’s history.

However, that didn’t happen either because the bad press was enough to turn away buyers from even looking at it.

Inside The Sycamore Valley Ranch

Even though no one wants to buy this property anymore, here is everything it has to offer:

The ranch has a gate and to get from there to the primary residence is a long route filled with greenery

Once you enter, you find the primary residence that has six bedrooms, nine bathrooms, and five fireplaces
The foyer at the entrance of the primary residence is extremely spacious
You will see giant gold chandeliers in the main entryway
You go down a few steps from the foyer and find yourself in a living room that has two fireplaces
Going through a door in the living room will bring you to a kitchen
The guest house is located just a hundred and fifty feet from the primary residence
There is also a tennis court next to the pool
Flower beds and beautiful stonework surround property grounds
The property also features a lake, swans, fountains, and a private beach
There is also a gazebo outside for entertaining

That is everything that is included in what is now known as the Sycamore Valley Ranch.

Final Words

Even after turning the property even more beautiful, the property doesn’t sell.

Jackson may have been a star, but his last years did not leave much for the fans to be happy about, and now the ranch is just a piece of beautiful real estate that no one wants.