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For Sale: A Little Piece of Neverland

February 28, 2008

Neverland for saleMichael Jackson’s Neverland Ranch could be up for sale soon, this according to a San Francisco-based title company. The 2,500-acre property in Los Olivos, Calif., might be sold at a public auction scheduled for March 19 if Jackson doesn’t pony up the $24 million he still owes on the estate.

Financial Title Co. filed the notice of trustee’s sale in Santa Barbara Superior Court. Jackson currently resides in Las Vegas and hasn’t been to Neverland since 2003, when police first raided his home while building a child molestation case against him (he was acquitted of all charges in 2005). He bought the property for $17 million in 1988.

The auction could include not just the grounds and buildings on the property, but also all of the furnishings, appliances and various child-friendly gadgets, such as “all merry-go-round-type devices.”

The list includes:

• “Generators, engines, boilers, incinerators, building materials, appliances and goods of every nature whatsoever…including…those for the purposes of supplying or distributing heat, cooling, electricity, gas, water, air and light
• Plumbing, bathtubs, water heaters, water closets, sinks, ranges, stoves, microwave ovens, refrigerators, dishwashers, disposals and any other kitchen equipment
• All trees, shrubs and plants, sculptures, statuary and other outdoor artistic creations and displays
• All railroad equipment, trains, locomotives, rail cars and other rolling stock
• All Ferris wheels, carousels, merry-go-round-type devices, indoor and outdoor gymnasium and athletic equipment…”

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