This Is Why Nobody Wants To Buy Michael Jackson’s Neverland Mansion -This Will Shock You (With Photos

The amusement park rides and wild animals

are long gone, but if you’re interested in

buying Michael Jackson’s most famous

home, it’s a lot more affordable these days.

Neverland Ranch, which failed to find a buyer

after the King of Pop’s death, is being

reintroduced to the market, with a giant price

cut and a new name.

The property, which has been saddled with

the more homogenized moniker “Sycamore

Valley Ranch,” carries a $67 million price tag.

That’s a $33 million drop from the original

asking price two years ago.

While it no longer has some of its iconic

features, Neverland (yeah, we’re gonna keep

calling it that — sorry, Coldwell Banker) is still

a unique piece of property.

Located about 30 minutes from downtown

Santa Barbara, California, it spans 2,700

acres and includes a mountain on the grounds

that Jackson named after his mother. The

estate boasts live oaks that are more than

100 years old and borders the Los Padres

National Forest.

There’s also a movie theater that seats 50, a

dance studio, a pool, a 5,500-square-foot,

four-bedroom guesthouse, as well as a train

station and train tracks. (Sadly, you’ll have to

supply your own train.)

As for the main house itself, it’s opulent. The

French Normandy-style manor was designed

by architect Robert Altevers and built in 1982

and measures 12,598 square feet. Among the

amenities are five fireplaces, five bedrooms

and six full and two half-baths.

The flooring is 18th-century French oak

parquet from two chateaus in France. The

master wing on the first floor includes two

walk-in cedar-lined closets and a private

garden.

There’s also a barn that was originally built

for Clydesdale horses. (Hopefully, your train

won’t spook them). Jackson bought

Neverland Ranch in 1987 for $19.5 million. He

lived there for 15 years.

Real estate investment firm Colony Capital

purchased the ranch from Jackson shortly

before his death in 2009 when the singer was

in default on a loan.

We look forward to this magnificent

property being enjoyed by a new curator,” Rey

said in a statement. “This quintessential

California estate is now ready for the next

chapter in its journey.

By 2015, the California ranch of Michael

Jackson had been put up for sale at a price

of $ 100 million. Today, it has still not been

bought and the price has been lowered by

33% to increase the chances of selling the

huge property of the star. A discount that

certainly would not have liked the singer …

In 2015, the Sotheby’s agency was

responsible for placing the Neverland property

on the market.