But the biggest gasp-when-you-see-it moment belongs to the master suite, which takes its opulent aesthetic cues from the Versace Mansion and features a button that renders the glass surrounding the toilet completely opaque. In 2015, Neverland listed for $100 million. Reese Witherspoon's Former Malibu Compound Hits the Market for $8 Million See Inside! Jackson named his off-the-wall estate Neverland, after the mythical island from J.M. Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. Neverland never recovered either. Jackson denied allegations by Santa Barbara prosecutors that he had used Neverland as a fantasy world to groom young boys. PAPERCITY 2023 urban publishers, inc. all rights reserved terms & condition // privacy policy // sitemap. Jackson, who died from an overdose of the anesthetic Propofol in 2009 at age 50, bought the property in Los Olivos, about 120 miles north of Los Angeles, in 1988 for $19.5 million. The ranch has been rebranded as Sycamore Valley Ranch once again, named for its generous landscape of sycamore trees and live oaks. 5 Bedroom Homes for Sale in Miami FL. Colony Capital, the private investment firm that manages the ranch, did not immediately respond to Business Insider's request for comment for this story. 1 Bedroom Homes for Sale in Miami FL. Exterior views of the entrance, house, statues and gardens at Michael Jackson's Neverland Ranch [+] located near Los Olivos, Calif. in April 1995. Janet Jackson Lists Her NYC Apartment of 25 Years for $9 Million See Inside! For an optimal experience visit our site on another browser. Time for Sycamore Valley Ranchs next chapter, presumably in the good, sequin-less hands of billionaire Burkle. Michael Jackson's Neverland Ranch sold for $22 million - NBC News 7 bedrooms 13 bathrooms 17171 sq/ft. Burkle is managing partner of private investment firm Yucaipa Companies. The sprawling property includes a 12,500-square-foot Normandy-style residence, guest quarters, pool [+] house, barn, and a 50-seat movie theater. All I Want For Christmas Is You: Meet the man behind Mariah Carey's festive classic, Michael Jackson accusers can sue, court rules, More than 100 police hurt in French May Day protests, Fighter jets are roaring over my home in Sudan, JP Morgan snaps up troubled US bank First Republic. Jackson rented the house for himself and three children right before launching his world tour, until his untimely passing in the home's master bedroom in 2009. And speaking of things that remind us of the 80s, theres a media room decked out in custom pinball machines, a zebra-print rug, and tufted blue velvet walls. Jackson vowed never to return to Neverland after the trial. Jackson first bought the home in 1987 for $19.5 million and lived there for 15 years. The home boasts seven bedrooms, 13 bathrooms, a screening room, wine cellar, guest house and poolall on 1.25 acres of land in a secluded Los Angeles neighborhood. (Photo credit should read -/AFP via Getty Images), located near Los Olivos, Calif. in April 1995. Kyle Richards and Mauricio Umansky List Aspen Vacation Home for $9.75 Million See Inside! Designed as a happy place, Neverland degenerated into a house of controversy (and immorality, critics said). By clicking Sign up, you agree to receive marketing emails from Insider The 17,171 sq. Michael Jackson House Los Angeles (His final home) In December 2008, AEG Live (the concert promoter behind Michaels final tour) leased this Holmby Hills, Los

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