The Real Deal New York

Neverland Ranch could become sexual-assault rehab

Michael Jackson’s infamous ranch is valued at approximately $75 million

February 01, 2015 05:00PM

Neverland Ranch and Michael Jackson

Neverland Ranch and Michael Jackson

Valued at approximately $75 million, Michael Jackson’s shuttered Neverland Ranch could become a therapy camp for molested children.

While two potential buyers hope to turn the 2,700-acre property into a “Graceland-like attraction,” another businessman’s has bid “in the neighborhood of $40 million” for use that wouldn’t exactly honor Jackson’s legacy, a source told the New York Post.

“His goal is for the place to be used to help children in a serene setting recover from the trauma of sex abuse,” the source said.

“The plan is to have children come there for treatment, and they will also hire trained therapists who would help the victims through the use of equine-assisted therapy, which works to improve the kids’ self-esteem, and it helps them to become more outgoing.”

Colony Capital, a hedge fund headed by real-estate investor Thomas Barrack, seized control of the ranch from the indebted singer in 2008 — just one year before his death. [NYP] Christopher Cameron

  • DR.FUNK

    Make sure to hire the shaman twice to cleanse the evil spirit(s) in that place.Once when the old buildings are leveled…and again after the new buildings are completed.

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