Pop star Michael Jackson’s dream “Neverland” is up for sale by Sothbys and Hilton and Hyland jointly. The place was tagged a price of $100 million by the trio.
Michael Jackson once dreamed of a amusement park for children and hence purchased the property in 1997 for $19.5 millions. He built a zoo park and fairland but was closed in 2006, when Jackson failed to pay for his staff and maintain a proper insurance. The place was named after a island from a children’s story Peter pan, where children never give up. It was named the Santara Barbara development by Michael.
The place was renamed as sycamore valley and has undergone extensive reconstruction and redevelopment after the death of the pop singer in 2009.
Jackson was never able to bear the expenditure of the place and hence was not able to pay for it. An insurance company rescued him from the property going into auction in the past, the BBC News reports.
The 2,800 acre site is now being put in a auction and the sellers made it clear that no one will be allowed to visit the house unless a pre-check has been made, to avoid the fans entry into the house to have a look at their favourite star.