Sources: CBS8 News | All Things Michael
SAN DIEGO (CBS 8) – More than six years after the death of Michael Jackson, his Southern California ranch is still up for sale, but the property has undergone a dramatic transformation.
The listing calls it Sycamore Valley Ranch, and boasts a 12,500 square-foot main house. The main house is surrounded by extensively landscaped gardens and a four-acre lake complete with a waterfall.
The asking price? $100 million.
The Sycamore Valley Ranch used to be Jackson’s Neverland Ranch, but missing from the estate listing is any mention of the amusement park and the train station.
In fact, the amusement no longer exists.
La Jolla Real Estate Agent Marti Gellens sells multi-million dollar homes, and said dealing with famous property tricky. Sometimes, highlighting its history can work, and sometimes it can work against a deal, she said.
“I think you need to let the people know it’s Michael Jackson’s estate. I would definitely let them know that, but I would get rid of all those things that’s a reminder of it. So now, they can imagine themselves there. It’s not Michael’s house, but it used to be Michael’s house,” said Gellens.
Jackson bought the property in 1987 for $19.5 million. He lived there for more than 15-years, but lost the property in 2008, following financial problems.
After he died in 2009, fans turned the front gate into a huge memorial site.
The property had been neglected for several years, but since then has been cleaned up. Only a single llama still lives in the zoo.
Also still remaining from Michael’s day is the the station house modeled after the one at Disney World, with topiary Neverland clock in front of it.
You can view the real estate listing, which includes more pictures of the property here.
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