• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

3

Hilton received 12,000 Gen Z applications for just 72 internship spots—its CHRO says AI has made the hospitality gigs more competitive

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

3

Hilton received 12,000 Gen Z applications for just 72 internship spots—its CHRO says AI has made the hospitality gigs more competitive
Real Estate

Michael Jackson’s Neverland Ranch Back on the Market for $31 Million

By
Natasha Bach
Natasha Bach
Down Arrow Button Icon
By
Natasha Bach
Natasha Bach
Down Arrow Button Icon
February 26, 2019, 12:55 PM ET
Google source logo
Add Fortune on Google for similar content.

HBO may be Leaving Neverland, but the late King of Pop’s estate is hoping someone will come for it.

While Michael Jackson’s estate filed a breach of contract lawsuit against HBO for its upcoming documentary on the star last week, his iconic “Neverland” ranch is coming back on the market.

The ranch is being listed for $31 million, a marked drop from its original asking price of $100 million in 2015.

Jackson purchased the property, which is located about 40 miles from Santa Barbara, Calif., in 1987 for $19.5 million. He lived in the nearly 12,000-square-foot main house on the 2,700-acre property for more than 15 years.

Following Jackson’s death, his estate made several attempts to sell the property. After the first listing in 2015, the property switched listing agents and dropped the price to $67 million in 2017, according to The Wall Street Journal.

The real estate agents, Suzanne Perkins & Kyle Forsyth of Compass, explained to the WSJ that the property failed to find a buyer due to the high initial asking price and environmental conditions affecting the area at the time, including droughts and later mudslides and wildfires.

The ranch has seen several upgrades, but no major changes, other than the removal of amusement park rides that once appeared on the property. It reportedly still has the fire department building, a 1950s fire truck, swimming pool, basketball court, and several guesthouses.

There’s one other significant change: the property is now known as “Sycamore Valley Ranch.”

About the Author
By Natasha Bach
See full bioRight Arrow Button Icon

Latest in Real Estate


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Real Estate


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.