Friday, 29 May 2015

Michael Jackson's Neverland ranch up for sale.Drive Hot News


Neverland


Michael Jackson's Neverland ranch has gone up for sale with a price tag of $100m (£65m), reports the Wall Street Journal.
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 1997 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.


Michael Jackson
 Michael Jackson built a zoo and an amusement park in the grounds of Neverland 


The 2,800 acre (1,100 hectare) site is now being sold jointly by Sotheby's and Hilton & Hyland.
The estate agents have warned off fans hoping to get a glimpse inside the piece of Jackson history, anyone wanting to view the property would be subject to "extensive prequalification".
"We're not going to be giving tours," said Suzanne Perkins of Sotheby's International Realty.
Jackson bought Neverland in 1987 intending to create a fantasy land for children.
It is named after an island in the story Peter Pan, where children never grow up.
After he bought it, Jackson built a zoo and fairground but it was closed to the public in 2006 after he failed to pay his staff or maintain proper insurance.