Michael Jackson's Neverland Ranch for Sale for $100 Million

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Michael Jackson's 'Neverland Ranch' Hits Market for $100 Million

By Melissa Allison

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 listed for $100 million.

Associated PressMichael Jackson in 2002

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 guesthouses, a swimming pool, basketball court, tennis court and 50-seat movie theater with a private viewing balcony.

Jackson, who died in 2009, 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 for the property, now known as Sycamore Valley Ranch.

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