Neverland Valley Ranch

Jackson purchased the property from golf course entrepreneur William Bone in 1987 for $19.5 million. It was MJ's home and private amusement park and contained, among other things, a floral clock, numerous statues of children, and a petting zoo. The amusement park included two railroads: one 36" gauge with a steam locomotive (Crown 4-4-0, built 1973, with two coaches) and the other a 24-inch gauge

amusement train ride-type); and a Ferris wheel, Carousel, Zipper, Octopus, Pirate Ship, Wave Sw***er, Super Slide, dragon wagon kiddie roller coaster and bumper cars, and an amusement arcade. According to Yves Gautier in the book, “Michael Jackson, Backdoor to Neverland”: “Though few know about it, Michael Jackson is a voracious reader and there is a 10,000-volume library in the Neverland Ranch, that focuses on art, psychology and poetry.”
MJ said in 2005 that he would not return to the property, saying he no longer considered the ranch a home, feeling the 70 police officers had "violated" it in their searches given they did not have a search warrant. In 2006, the facilities were closed and most of the staff were dismissed, with a spokesperson stating that this was the reflection of the fact that Jackson no longer lived there. MJ sold this property in November 2008 to Sycamore Valley Ranch Company, LLC, a real estate company that he owned in part. The company's owner is Tom Barrack now. The ranch estimated value was about $47 million when Mr.