Neverland-Ranch

The Neverland Ranch, in the Santa Ynez Valley in California, was the estate of the late U.S. pop star Michael 2009 Jackson. The 17 million -US-dollar property, which was formerly known as " Sycamore Valley Ranch ", was named after Neverland, the home of Peter Pan, and on the basis of Elvis' estate ( Graceland ).

Michael Jackson's estate

The ranch is very remote in the Santa Ynez Valley, about ten minutes outside the town of Los Olivos, and about 18 km north of the town of Santa Ynez. The area lives primarily on viticulture.

Michael Jackson had bought the ranch in 1988 and in the same train his parents' house ( " Hayvenhurst " ) in Encino, Calif. leave. To Neverland Ranch was among other things an amusement park with various attractions, a zoo, a theater and museums. The total size of the property is 11 km ². If the media is the talk of the Neverland Ranch, the station building of the amusement ride is mostly shown. This house in the style of Disney movies was not the residence of the property.

Jackson invited earlier sick or coming from low-income families children to his ranch. There they were free to try out all the attractions, get candy or a movie at the cinema. His chimp Bubbles lived on the estate with Jackson.

Sale

After his acquittal on charges of child molestation in June 2005, Michael Jackson had left his main residence in Los Olivos and moved along with his three children in the Kingdom of Bahrain. Rumors about an alleged sale of the property were rejected by Jackson's management over again. The Neverland Ranch was closed until further notice because Jackson was not looking at the property since the end of the process as his home.

Meanwhile, it was said that Brad Pitt wanted to buy the ranch, however, Raymone Bain had informed in a press release on 9 November 2007 that the Neverland Ranch not up for sale and I will not go to other owners.

On 27 February 2008 told the U.S. television network Fox News, that the property was to be auctioned with amusement park already on March 19, when Michael Jackson until then its $ 24.5 million debt could not repay. However, this could be averted by a new credit agreement. On the ranch worked 69 employees who were asked in the meantime out of service.

The ranch is for a retail price of around 35 million U.S. dollars in a real estate company that is majority owned by Colony Capital, transferred, was involved in the Jackson. Also, the private zoo is now resolved.