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Techfile: Revealed!! This Is Why Nobody Wants To Buy Michael Jackson’s Neverland Mansion -This Will Shock You (With Photos) - general
Revealed!! This Is Why Nobody Wants To Buy Michael Jackson’s Neverland Mansion -This Will Shock You (With Photos)
Author: admin | Posted In: general On 2017 | Views: 760 | Comment(s): 0
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.
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