Real Estate
Report: Michael Jackson’s Neverland Ranch Sells For $22M
The 2,700-acre ranch had been co-owned by Jackson's estate and the investment firm Colony Capital, WSJ said.
December 24, 2020
LOS ANGELES (CBSLA) – The famous Neverland ranch once owned by the late pop legend Michael Jackson has been sold for $22 million, according to a report.
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The ranch, located in the Santa Barbara County wine country enclave of Los Olivos, was purchased by billionaire Ron Burkle, the Wall Street Journal reported Thursday.
FILE — Michael Jackson’s Neverland Ranch in Los Olivos, Calif. April 1995. (Getty Images)
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