Celebrity Homes

What Happened to Michael Jackson’s Neverland Ranch? A History of the  Notorious House

By Georgie Mihaila

and all the exotic animals and amusement park rides now gone, the property once known as Neverland Ranch is ready for its next chapter.

With a new owner, a new name

Many, many years after the King of Pop stopped calling it home, the sprawling property once known as Neverland Ranch has finally found a new resident.

back in 2015, the iconic property finally sold at the end of 2020 for only a fraction of its ambitious asking price.

Initially listed for $100 Million

a onetime associate of the late pop star and co-founder of a large investment firm, paid $22 million  for the 2,700-acre property.

Billionaire Ron Burkle,

That’s fairly close to the amount Michael Jackson spent on the ranch back in 1988, when he bought it for $19.5 million.

But the King of Pop had an ambitious vision for the property. He wanted to use it as a retreat from the outside world, a magical world of wonder.

He added amusement park rides, two railroads, a roller-coaster, a Ferris wheel, bumper cars, and an unforgettable zoo with exotic animals

He had everything from flamingos to orangutans, giraffes, and tigers to an actual elephant roaming around the estate.

In fact, the singer’s famous 5,000-pound Asian elephant (called Gypsy) was a gift to Jackson from actress Elizabeth Taylor -- as a "thank you" for letting her hold her wedding at Neverland Ranch.

He named it after Neverland, the imaginary land from the children’s story Peter Pan. 

But after the estate was searched extensively by police officers in connection with multiple counts of molesting a minor in 2003....

Michael Jackson never returned  to Neverland again. He said it no longer felt like home, so he let  most of the staff go and dismantled all the rides.

While the property remained in Jackson's estate years after his death, many things have changed: including its name.  It's now known as the Sycamore Valley Ranch.

And the truth is that the  Sycamore Valley Ranch — sans  the “Neverland” — is an incredible property by itself, unlike any other.

Located about 8 miles north of  Los Olivos, California, the estate is  a massive 2,700-acre property that borders the Los Padres National Forest.

There are 22 structures on the estate, with a Normandy-style main house which sits between the property’s two lakes and measures about 12,000 square feet.

The estate boasts live oaks that are more than 100 years old, lakes, a mountain, and lush vegetation as it borders the Los Padres National Forest.

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