Michael Jacksons house at 1601 Queens Road, Hollywood Hills It is the Jackson familys first home in Los Angeles. This was back in the Jackson Five era when Michael was just a kid. It is climbed up a winding road lined with small, hidden properties. Zillow, Inc. holds real estate brokerage licenses in multiple states. The 2,700-acre property in Los Olivosincludes a French-Normandy style main residence, two guest houses, a lake, a 50-seat movie theater, a 14-foot lagoon-style pool, a dance studio, barns, staff facilities, and a Disney-themed train station. In California, the next best thing to fame is infamy. Both sell, eventually. The sprawling property features a 12,500-square-foot Normandy-style residence, guest quarters, a 3,700-square-foot pool house, barn, and a 50-seat movie theater building. Michael Jackson's Neverland Ranch featured a private Disneyland-style amusement park with a [+] railroad, ferris wheel, merry-go-round, arcade and zoo. Read about our approach to external linking. Listed by The Agency's Zar Zaganeh, the 1-acre estate, which is located seven miles from Pop star Robbie Williams just toured the mansion and is reportedly interested in purchasing the estate. Zillow Los Angeles, CA. The ranch was last publicly listed for $31 million in 2019 a nearly 70% discount from its original asking price. The Thriller singer bought Neverland in 1987, making it his home during the height of his fame. Michael Jackson prepares to enter the Santa Barbara County Superior Court to hear the verdict read [+] in his child molestation case June 13, 2005 in Santa Maria, California. He lived here as well as used the home as the launchpad of his "This Is It" tour. And speaking of things that remind us of the 80s, theres a media room decked out in custom pinball machines, a zebra-print rug, and tufted blue velvet walls. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Please switch to a supported browser or download one of our Mobile Apps. It's safe to say we've never seen anything quite like 5025 Wateka Drive, a palatial futuristic estate near Love Field Airport. 5225 Figueroa Mountain Rd, Los Olivos Homes for Sale Under 100K in Miami FL. With the home enclosed in an 8-10-foot wall, Jackson was said to be a fan of the privacy the estate provided, per a statement from The Agency shared with PEOPLE. Billionaire investor Ron Burkle, a former family friend of Jackson, recently bought the sprawling 2,700-acre estate. Ben Affleck Lists Pacific Palisades Mansion for $30 Million After Wedding to Jennifer Lopez. Michael Jackson's Previous Las Vegas Mansion on Sale for The final home where Michael Jackson was able to stare at "The Man in the Mirror" for the very last time has hit the marketagain. Michael Jackson's Neverland Ranch in Santa Ynez, Calif., in 2001. as well as other partner offers and accept our, Visit Business Insider's homepage for more stories, Colony Capital has co-owned the ranch since 2008, purchased the ranch in 1987 for $19.5 million, defend himself against additional lawsuits, pay the extra money because it was Michael Jackson's. How about the kitchen, which, according to Candys Dirt, was inspired by a hovering vehicle in the 2010 film Tron: Legacy? Carrie Fisher and Debbie Reynolds' California Ranch Is for Sale for $2.85M See Inside! (Kim Kulish/Corbis [+] via Getty Images). The secret mine that hid the Nazis' stolen treasure. Please switch to a supported browser or download one of our Mobile Apps. (Photo Paul Harris/Getty Images), McCartney, who was staying there. The late entertainer, who passed away in 2009 at the age of 50, resided in the 2,700-acre property for 15 years. After hitting the market for $100 million in 2015 under the moniker Sycamore Valley Ranch, the California ranch was discounted to $67 million in 2017 and then relisted again in 2019 for $31 million. The exterior touts a pool, spa, tennis court, a sealed outdoor kitchen, and a rooftop deck with impressive views. Zillow Gone Wild Does Dallas A Futuristic North Texas Estate outside of the majority of the area's highest-end homes. Take a Tour Inside the Sprawling Mansion Where Michael The great room is filled with Italian porcelain tile and custom furnishings by homeowner Michael Shaun Jackson. Zillow, Inc. holds real estate brokerage licenses in multiple states. Neverland never recovered either. The man behind 5025 Wateka and many of the custom-built furnishings, Michael Shaun Jackson, recently completed the home in 2020 for his family and has since launched his own firm, Acquiesce Design. He spotted the estate from the air while looking at another location and contacted Tom Barrack, the founder of real estate investment company Colony Capital LLC, to seal the sale. Reese Witherspoon's Former Malibu Compound Hits the Market for $8 Million See Inside! Michael Jackson previously rented the estate for $50,000 a month in 2006. From a cursed castle in Cleveland to a mid-century marvel in Michigan, no home is too extravagant, too inimitable, or too weird for the eye-catching real estate curators behind the popular Instagram account Zillow Gone Wild. This is a BETA experience. LOS ANGELES Michael Jackson's famed Neverland Ranch in California has finally sold, more than 10 years after the death of the pop star who abandoned the property following his trial on charges of molesting a young boy there. This browser is no longer supported. 5 Bedroom Homes for Sale in Miami FL. Neverland wasnt just an iconic landmark. The property also features a two-way fireplace, custom chandeliers, an additional kitchen, wet bar, and an office unit. He paid $22m (16.2m) for Neverland, the Wall The property formerly known as Neverland Ranch, home to the late Michael Jackson, has been purchased by Pittsburgh Penguins co-owner Ron Burkle, Burkles Web2510 Santa Barbara Ave, Los Olivos, CA 93441 12.61 ACRES $7,900,000 4bd 4ba 4,700 sqft (on 12.61 acres) 2111 Random Oaks Rd, Solvang, CA 93463 5.01 ACRES $4,680,000 4bd 5ba 3,996 sqft (on 5.01 acres) 2511 School St, Solvang, CA 93463 See more homes for sale in Los Olivos Take a look Local Information Schools Shop & Eat Google -- mins to Opinions expressed by Forbes Contributors are their own. Michael Jackson's Neverland ranch has just been re-listed for $31 million after being on the market for $100 million in 2015. Authorities believed it was a potential crime scene. He turned the ranch into an entertainment complex, building a zoo and fairground on site, where he regularly entertained children and their families. 1 Bedroom Homes for Sale in Miami FL. Jackson was still beloved but not Neverland. Since then Neverland, north of Santa Barbara city, has been on and off the market, listed most recently last year for the lower price of $31m. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Investment billionaire Ron Burkle, a friend of the late pop star, purchased the The property's location could also be unappealing to some buyers. Explore in 3D: The dazzling crown that makes a king. Tony Stewart Puts His 'Hidden Hollow Ranch' on the Market for $30M Take a Look Inside! He also owns controlling interests in members-only club Soho House and the Pittsburgh Penguins hockey franchise. Inset: Frank Edwards/Fotos International/Getty. Michael Jackson House Michael Jackson's Ranch Finally Sells for $22M After 5 Years: His unsupervised relationships with kids fueled predator rumors and allegations. Umansky also happens to be "Real Housewives of Beverly Hills" star Kyle Richards' husband, and says he has a special connection to the late king of pop. His net worth as of 24 December 2020 was estimated to be $1.4bn, according to a profile by American business magazine Forbes. In 2015, the asking price was $100 million and in 2017 it was re-listed for $67 million. The man behind 5025 Wateka and many of the custom-built furnishings, Fire glass surrounds the master bathroom's freestanding tub. April Walloga and Alyson Penn contributed to an earlier version of this story. Burkle, who advised the singer on financial matters in the mid-2000s, saw the property as an investment opportunity, per the Journal. Trees and ponds span 2,700 acres at Neverland Ranch in Santa Ynez Valley, California. The home boasts seven bedrooms, 13 bathrooms, a screening room, wine cellar, guest house and poolall on 1.25 acres of land in a secluded Los Angeles neighborhood. HBOs explosive 2019 documentary Leaving Neverland (which profiled two alleged Jackson victims) essentially put a nail in its coffin as an idyllic utopia. Former U.S. Publicly humiliated, Jackson retreatedescaping Neverland scrutiny for good, living the rest of his days at a rented mansion in Holmby Hills. Never miss a story sign up for PEOPLE's free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories. Address Requires Premium Membership. The ranch has been rebranded as Sycamore Valley Ranch once again, named for its generous landscape of sycamore trees and live oaks. Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. Jackson purchased the ranch in 1987 for $19.5 million. WebMichael Jackson's rented home in which he died is now on the market for $23.9 million. Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. 442-H New York Standard Operating Procedures New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection noticeCalifornia DRE #1522444Contact Zillow, Inc. as well as other partner offers and accept our, Now check out Frank Sinatra's ranch, full of Hollywood history >. Jackson first bought the home in 1987 for $19.5 million and lived there for 15 years. Web6731 George Washington Dr , Jackson, MS 39213-3115 is a single-family home listed for-sale at $75,000. Burkle is managing partner of private investment firm Yucaipa Companies. .css-12z0wuy{margin-right:8px;}.css-vubbuv{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.5rem;}Last sold in 2014 for 10M, This property was the last home of pop icon Michael Jackson. (Kim Kulish/Corbis via Getty Images). Billionaire Ron Burkle, who owns investment firm Yucaipa Companies, Soho House and the Pittsburgh [+] Penguins, purchased Michael Jackson's estate for $22 million (Eugene Gologursky/WireImage for Niche Media, LLC). View more property details, sales history and Zestimate data on Video, The secret mine that hid the Nazis' stolen treasure, Michael Jackson's Neverland ranch up for sale, those made in a documentary called Leaving Neverland in 2019, according to a profile by American business magazine Forbes, Trump mistrial request denied in NY rape lawsuit, MasterChef Australia host Jock Zonfrillo dies, Russia launches missile attacks on Ukraine, Explosion derails train in Russian border region, DeSantis-backed board votes to countersue Disney, Father tells how gunman opened fire on Texas home, US rock band Aerosmith announce farewell tour, NFL player's daughter, aged two, drowns in pool, Banana artwork in Seoul museum eaten by visitor. Designed as a happy place, Neverland degenerated into a house of controversy (and immorality, critics said). The main bedroom takes its aesthetic cues from the Versace mansion. The Wall Street Journal said the estate, which was renamed Sycamore Valley Ranch several years ago, sold for $22 million according to public records. Inspirations abound, but the home itself is one-of-a-kind as is nearly everything in it. [+] (George Rose/Getty Images). As to be expected, the sprawling retreat, known as Sycamore Valley Ranch, is nothing short of extravagant. Michael Jackson House: Inside Neverland & His Final Home Homes for Sale Under 150K in Miami FL. The original asking price of the 2,700-acre property was $100 million in 2015. He paid $22m (16.2m) for Neverland, the Wall Street Journal reported, citing public records and three people familiar with the deal. He was renting it for $100,000/month. By clicking Sign up, you agree to receive marketing emails from Insider The sharp lines, monochromatic palettes, and futuristic opulence may not be for everyone, but you certainly cant accuse 5025 Wateka of being boring. Now, the renovated estate is adult-centric. But the home may already have a buyer. In the 1990s and 2000s, Neverland became the centre of various investigations into child sexual assault allegations against Jackson. The Roman-inspired interior of the home boasts a theater, a ballroom, and an orchestra loft that can be reached via a stunning spiral staircase. And for the first time ever, Zillow is taking prospective buyers and voyeuristic fans on a video tour inside the house. It also was where he entertained children, one of whom brought molestation charges against the singer that resulted in a 2005 trial and Jackson's acquittal on all charges. I'M NUMBER TWO .. EVERYBODY ELSE CLAIMS TO BE NUMBER ONE! Michael Jackson's Old Encino Home May be Opened for Tours When you visit this site, it may store or retrieve information on your browser, mostly in the form of cookies. Top editors give you the stories you want delivered right to your inbox each weekday. 5025 Wateka Road, clocking in at 4,583 square feet, is currently listed with Pogir Pogir and Lisa Besserer of Briggs Freeman Sothebys for just under $4 million. We may earn commission from links on this page, but we only recommend products we back. Where to Spot a Star on Vacation: Celeb-Favorite Hotels and Resorts Across the World, Inside Tom Brady and Gisele Bndchen's Portfolio of Million-Dollar Real Estate, Kyle Richards' Husband, Mauricio Umansky, and Daughters To Star in Netflix Real Estate Reality Show, 'RHONY' 's Sonja Morgan Puts Her Upper East Side Townhouse Back on the Market for $8.75 Million. The old gates to singer Michael Jackson's Neverland Ranch, now rebranded as Sycamore Valley Ranch. Mark Wahlberg Slashes Price of Beverly Hills Mansion to $80 Million After Months on the Market See Inside! Jackson purchased the ranch in 1987 for $19.5 million. The Neverland ranch of the late pop star Michael Jackson has reportedly been sold to a billionaire investor for a quarter of its initial asking price. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. For an optimal experience visit our site on another browser. Once Michael died, the owners of the home sued an infamous star-map seller, Linda Welton, across from the home for ruining their ability to sell it. Then came the badincluding, Oprahs 1993 interview at Neverland (watched by 90 million people), where Jackson described disturbing child-like behaviors atypical for adultsclimbing trees, kid sleepovers, absentee parents). While the ranch wasn't publicly listed for months, Burkle reportedly saw the property from the air and called the owner directly to ask if he would sell it. Jackson originally paid about $19.5m for Neverland, which he named after a fictional island where children never grow up in JM Barrie's Peter Pan story. (Stephen Kim/WireImage). The listing comes a little more than a year after Jackson's Neverland ranch in Los Olivas, CA., sold to billionaire Ron Burkle for $22 million in December 2020.