The former residence of Michael Jackson, better known as Neverland Ranch, is on the market at $ 31 million, up from $ 100 million in 2015, when the famous property was first listed on the market. listing.
Compass real estate agents Suzanne Perkins and Kyle Forsyth share the listing on the Los Olivos property, now called Sycamore Valley Ranch.
Despite the name change, the iconic property retains many of its features, including a floral clock that states "Neverland". A description of the 2,700-acre ranch includes a 4-acre lake with a waterfall, a sunken tennis court, a swimming pool, a cinema, barns and animal shelters.
Forsyth said the property, owned by a joint venture between real estate investment firm Colony Capital and Michael Jackson's estate, had been put up for sale now because "the timing is right for a new stewardship" .
It was pulled off the market in 2017 after Joyce Rey of Coldwell Banker briefly took over the listing, according to the Wall Street Journal. He has now returned to his original registration agents.
The property is well maintained, according to Forsyth. The dramatic fall in prices is partly due to years of drought and other natural disasters that devastated Santa Barbara County – and have weakened the value of the property, said Forsyth.
The time has come to sell, "with the end of the drought and the full bloom of the Santa Ynez Valley," said Forsyth.
about two men who claim to have been sexually assaulted by Jackson, will make their first appearance this weekend and will certainly draw attention to the multi-million dollar list.
The Jackson family has denounced its accusers, James Safechuck and Wade Robson, as "opportunists" and "confessed liars". Her estate sued HBO last week for what she called a "unverified unilateral propaganda marathon aimed at shamelessly exploiting an innocent man who is no longer there to defend herself".
Jackson's nephew, Taj Jackson, defended his uncle in a, calling naive and saying that his behavior towards young boys was not strange.
"I'm thinking of the outside world, yes, it can be strange, I'm not unaware of what it looks like, but when you're really there, in that atmosphere and you're around and watching movies with his children, it's very innocent, "he said.
Filmmaker Dan Reed explained whyGayle King, co-presenter of "CBS This Morning," in the Jackson family, says that the movie was about "two little boys who have had this horrible thing happen a long time ago." the story of their confrontation over two decades and the history of their families. "