Friday, May 29, 2015

Neverland for sale for 850 million – Metro

Michael Jackson’s ranch Neverland in Santa Barbara in California is for sale for a hundred million dollars, about 850 million, according to The Wall Street Journal.

The ten-acre property houses including a train station, a few lakes and a house with six bedrooms and a cinema with 50 seats.

Jackson bought the ranch for approximately $ 20 million in 1988 and renamed it Neverland after the island in the story of Peter Pan. He also established a zoo and a small amusement park in the area, which no longer exists.

The famous singer lost Neverland in 2008, after he could no longer pay the debts on the property.

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