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Michael Jackson's Neverland ranch up for sale

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Press Trust of India London
King of pop Michael Jackson's former Neverland Ranch is on the market for USD 100 million.

Colony Capital is offloading Sycamore Valley Ranch in Los Olivos, California and to help attract interest for the property the company has created a five-minute promotional video of the property, reported Female First.

A source said that Colony didn't have permission to use the late pop superstar's music in the video.

The clip features the song "Man in the Mirror" in the background of a virtual tour of the plush property and its surrounding grounds.

In November 2008, Jackson transferred the title of Neverland to Sycamore Valley Ranch Company LLC - a joint venture between him and a Colony affiliate.
 

The "Beat It" hitmaker purchased the ranch, which was named after the fantasy island which features in "Peter Pan", a book series by novelist J M Barrie - for USD 19.5 million in 1987.

Last year, Michael's daughter Paris Jackson, 17, built a Zen garden at the ranch.

She also had a Peter Pan-like boy sitting on a moon carved into the ground in the middle of the garden.

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First Published: Feb 26 2016 | 7:57 AM IST

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