Santa Barbara Real Estate

Is it Never for Michael Jackson’s Neverland Ranch?

Originally offered for sale at $100,000,000 the late Michael Jacksons Neverland Ranch was reduced for sale to $67,000,000. Now, almost two years later, prior to the release of the HBO documentary “Leaving Neverland” featuring two men who allege a series of crimes by Jackson, the asking price has been reduced to $31,000,000. Almost a 70% drop from its original asking price.

The estate consists of approximately 2,700 acres. The land borders the Los Padres National Forest. Neverland Ranch also includes multipurpose barns, a petting zoo, staff housing, an additional two-bedroom guesthouse, an administration building, and a paved helipad 5225 Figueroa Mountain Road can only be shown to pre-qualified prospective buyers.

Share this:
Mark Danforth Lomas

Recent Posts

Rent Control, Proposition 33, and Proposition 13

In this post we will address some of the pros and cons of Rent Control…

3 weeks ago

Home Prices and Market Trends

Home prices in Santa Barbara continue to fluctuate, presenting a mixed picture for buyers and…

4 months ago

How Do the New Commission Rules Work?

The recent changes to real estate commission rules, which took effect on August 17, 2024,…

4 months ago

Santa Barbara Real Estate Trends

The Santa Barbara real estate market trends for 2024 have been admirable. In the first…

4 months ago

Old Spanish Day’s 100th Anniversary

Santa Barbara’s rich heritage comes alive during the first week in August with the music,…

5 months ago

Mid Year Update

Looking back at the last six months the south coast of Santa Barbara, spanning from…

6 months ago