Michael Jackson’s Infamous Neverland Ranch Restored As Fairytale ‘Children’s Paradise’
December 14, 2021 8:01AM EST
LOS OLIVOS, CA – NOVEMBER 18: Michael Jackson’s Neverland Ranch is shown November 18, 2003 outside of Santa Barbara, California. Police armed with a search warrant swarmed Jackson’s sprawling home in the Santa Ynez Valley. One media report said the warrant was tied to allegations brought by a 12-year-old boy. (Photo by Frazer Harrison/Getty Images)
Michael Jackson’s Neverland Ranch is on its way to reopening as a “children’s paradise.”
The property was purchased by billionaire businessman, Ron Burkle, for a quarter of the original asking price of $140 million. Burkle bought the Peter Pan-inspired estate for $30 million.
The property was left to rot following the death of Jackson. The property included a 12,598-square-foot main residence, two guest houses, a lake, a 50-seat movie theatre, and a Disney-themed train station, amusement park, and zoo.
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