The perfect property for Peter Pan...

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Services for Real Estate Pros with Globrix
If you’ve always fancied a fairground in your back garden then you’re in for a treat, if you don’t mind a property that comes with baggage that is. Most people would like the idea of living in the former home of an international celebrity, but when said celebrity is creepy no nose Michael Jackson you may not be quite so enthusiastic. That said, if you need a home with space for elephants to roam then you probably won’t find a better pad than MJ’s ‘Neverland’. And who can resist year round Californian sunshine?

The childhood star is having his 2,900 acre former home auctioned off on the 19th of March outside the Santa Barabara County Courthouse, assuming he doesn’t pay off his debts of $25 million in the meantime. So if you’re in the area, why not pop along and place a bid! Goodness knows how much it will go for, estimates for how much it was bought for in ‘87 range from $15 million to $30 million. Oh, and the upkeep at it’s peak was a princely $4 million per year!

The property/amusement park was once Michael’s pride and joy, but as he’s so keen to turn down work (he turned his ‘nose’ up at a $30 million dollar string of London concerts) he obviously isn’t too sad to see it go.

It’s actually my birthday on the day of the auction, but I don’t think Neverland is quite on my wishlist.

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Rainer
123,908
Nannette Turner
Keller Williams Lynchburg - Lynchburg, VA
Online Marketing Home Ownership Advocate Specialis
It will be interesting to find out the... "rest of the story."
Feb 27, 2008 09:58 PM #1
Rainer
164,544
Gary McAdams
GMAC Schwartz Property Sales - Key West, FL
I'm not sure I could live in this house.  It would be kind of creepy.  I don't know, and don't think anyone will ceve know, if he was guilty but still would turn me off.  I would love to take a tour but that is about as far as I would go.
Feb 27, 2008 10:01 PM #2
Rainer
34,860
Poppy Dinsey
Globrix - Anaheim, CA
London, UK
Gary - You're so right. I'd love to take a peek inside but move in? No way!!!
Feb 27, 2008 10:02 PM #3
Rainer
28,279
Judi Glamb
Coldwell Banker Hearthside - Hellertown, PA
Associate Broker, ABR

Not my cup of tea!  Maybe it could be turned into a commercial ammusement park. 

I did get to show and actually had a 2nd showing at Oscar Hammerstein's estate in Doylestown, PA a few years ago.  It wasn't a big estate, but the owner (not related) ran a small elite part time B&B with the rooms themed after movies.  The pool was Sound of Music.  There were props used in the movies incorporated into select areas of the property/home.  Very nicely done.  What a difference reputation makes.

 

 

Feb 27, 2008 10:03 PM #4
Rainer
34,860
Poppy Dinsey
Globrix - Anaheim, CA
London, UK
Judi - What an interesting sounding property! Like with all things, reputation is everything.
Feb 27, 2008 10:10 PM #5
Rainmaker
1,059,768
June Piper-Brandon
Houwzer Inc - Baltimore, MD
Piecing Dreams One Home at a Time
Curiosity kills the cat, so they say, I'd take a peak but could never live there.  But, you know there's always two sides to every story.  Still..
Feb 27, 2008 11:19 PM #6
Rainmaker
704,798
Brian Block
RE/MAX Allegiance, Managing Broker/Branch Vice President - McLean, VA
Northern Virginia & D.C. Real Estate
Poppy, it certainly would be fun to take a tour of Michael's former estate and to ride the amusement park rides.  However, I can't imagine ever moving in there and will be interested to see who buys the place.
Feb 27, 2008 11:21 PM #7
Rainer
34,860
Poppy Dinsey
Globrix - Anaheim, CA
London, UK

Brian - Whoever buys it will need a heck of a lot of money, maybe it will be another celeb? I guess we will have to wait and see...

Feb 28, 2008 12:15 AM #8
Rainmaker
179,216
Alan Langstone
Mount Pleasant, SC
I wonder what Mr & Mrs Beckham are doing on the 19th March.
Feb 28, 2008 05:48 AM #9
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Rainer
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Poppy Dinsey

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