America’s most unwanted, expensive homes
Including Michael Jackson’s $100 million Neverland
America’s most expensive homes already lose out on a lot of buyers since they are way outside the price range of the typical homebuyer, causing it to be an even larger issue when there’s no interest from the slim pool of buyers that they do have.
Forbes writer Kristin Tablang created a list of America’s most unwanted homes, including the Neverland Ranch and other unsold $100 million mega-mansions.
First on the list: Michael Jackson’s $100 million Neverland—formally known as Sycamore Valley Ranch.
Listed last May (sans the King of Pop’s amusement park), the 2,698-acre compound in Los Olivos showcases a 12,598-square-foot, French Normandy-style main house with six bedrooms and nine baths. Other structures include three separate guesthouses, a 5,500-square-foot movie theater with a stage, numerous barns, animal shelter facilities, and a maintenance shop.
Check here for the rest of the list.