Neverland Ranch For Sale February 27, 2008

Michael Jackson’s former estate will be up on the auction block soon if he can’t cough up the $24 million he owes. The auction date is set for March 19th. If the Neverland Ranch does go to auction, it will probably be priced higher than the $24 million Jackson owes because of interest due and other costs. The property will be sold along with its merry-go-round, carnival rides, trains, and sculptures. It is situated on 2,500 acres and is in a popular tourist spot northwest of Santa Barbara.