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Tuesday, July 14, 2015

Michael Jackson's Neverland on the Market for $100M

BY  
ZILLOW
The orangutans are gone, but the railroad station and 22 structures still stand.
The acreage that was once a fantastical amusement park for the King of Pop is on the market — but without the carnival rides, orangutans and elephant, The Wall Street Journal reports.
The 2,700-acre estate north of Santa Barbara is on sale for $100 million.
Still standing are the railways and grand train station Jackson built, the Journal reports, as well as a floral clock that spells out “Neverland” and a fire department, minus the firefighters.
The property features some 22 structures, including a 12,000-square-foot main house with six bedrooms and attached staff quarters. There are also two- and four-bedroom guesthouses, a swimming pool, basketball court, tennis court and 50-seat movie theater with a private viewing balcony.
Jackson paid $19.5 million for the property in 1987. A real estate investment firm later bought a loan on which he defaulted and put the title into a joint venture with him, the Journal reports.
Suzanne Perkins and Harry Kolb of Sotheby’s International Realty and Jeffrey Hyland of Hilton & Hyland hold the listing.
Photos by Jim Bartsch

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