What’s going to happen to Neverland now that the famous singer is gone? Michael Jackson’s 2700-acre estate, Neverland Ranch, will be hitting the market in the near future, according to reports. Forbes states that the property is being sold by the real estate investment firm, Colony Capital, which owns some equity in Neverland.
Michael Jackson almost lost the property due to debt in 2007, until the future began to seem brighter for the singer after rumors of more than 2,000 items from Neverland would go up for sale in order to pay it off.
The house that once belonged to Jackson served as the site of the public viewing of his body after he passed in 2009.