Neverland Ranch undergoing renovations for first time in 15 years

Property was at the center of Michael Jackson’s child abuse allegations

San Francisco /
Feb.February 17, 2022 09:29 AM
Neverland Ranch with Ron Burkle and Michael Jackson (Getty)
Neverland Ranch with Ron Burkle and Michael Jackson (Getty)

Michael Jackson’s Neverland Ranch is getting a facelift.

The 2,700-acre property at 5225 Figueroa Mountain Road that was home to Michael Jackson from 1988 to 2005 now belongs to billionaire Ron Burkle, SFGate reported. Now known as Sycamore Valley Ranch, the property is undergoing renovations.

“Our staff has been out to the site multiple times for about the last four to six months,” Errin Briggs, a supervising planner for Santa Barbara County, told the outlet. “We don’t yet have any permit requests for new structures, but they’ve pulled permits for roofing, existing structures, electrical — pretty minor stuff, but we can confirm work is being done.”

The property was abandoned for years after Jackson, who built a private theme park for celebrities and children, was accused of sexually abusing kids who visited him on the property in November 2003. Some 70 officers from the Santa Barbara County Sheriff’s Office searched the main residence in a high-profile raid. Jackson was ultimately found not guilty on all 10 counts.

Burkle, who served as Jackson’s financial advisor from the mid-2000s until the singer’s death in 2009, is known for buying former homes of the rich and famous, many times for discounted prices, and restoring them for a profit. In 2019, he sold the Frank Lloyd Wright-designed Ennis House for $18 million, more than triple the $4.5 million he paid for the property in 2011.

In June 2018, Burkle bought the Toluca Lake estate that was home to Bob and Dolores Hope for $15 million, about half of the $27.5 million it was listed for five years prior.

The 22-structure Neverland Ranch was first listed for $100 million in 2016. Four years later, Burkle got the property for $22 million. In addition to a 12,000-square-foot mansion, the property includes three guesthouses, basketball and tennis courts, a swimming pool, a 50-seat theater and a four-acre lake with a waterfall.

[SFG] — Victoria Pruitt 





    Related Articles

    arrow_forward_ios
    Charlotte and the late George Shultz with 999 Green Street (Getty, Google Maps)
    SF penthouses owned by George, Charlotte Shultz listed for $29M
    SF penthouses owned by George, Charlotte Shultz listed for $29M
    Sharon Stone with 1 25th Ave (Getty, Redfin) Sea Cliff, Cali
    Sea Cliff property where Sharon Stone once lived now SF’s priciest listing
    Sea Cliff property where Sharon Stone once lived now SF’s priciest listing
    Mark Zuckerberg with 1743 Westbrook Avenue (Getty, Liveplayrealestate)
    Facebook birthplace hits market for first time
    Facebook birthplace hits market for first time
    Picture this: ‘Tech titan’ hikes price on Marin bayfront estate to $20M
    Picture this: ‘Tech titan’ hikes price on Marin bayfront estate to $20M
    Picture this: ‘Tech titan’ hikes price on Marin bayfront estate to $20M
    Betty White with 2625 Ribera Rd (Getty, Redfin, iStock, Illustration by Shea Monahan for the Real Deal)
    Betty White’s Carmel-by-the-Sea home hits market for $8M
    Betty White’s Carmel-by-the-Sea home hits market for $8M
    400 Wiremill Road in Connecticut and 168 Sylvan Drive in San Francisco (Realtor, Redfin)
    Celebrity homes in other states cost less than average Bay Area home
    Celebrity homes in other states cost less than average Bay Area home
    Former SF Giant Buster Posey (Getty Images, Zillow)
    Former SF Giant Buster Posey sells Lafayette mansion for $9.28M
    Former SF Giant Buster Posey sells Lafayette mansion for $9.28M
    (Compass)
    Oceanfront “Basic Instinct” house lands back on market with $30M price tag
    Oceanfront “Basic Instinct” house lands back on market with $30M price tag
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...