Listed for $100 Million
By Christine Aebischer
The late Michael Jackson’s Neverland Ranch is on the market for $100 million. Now known as Sycamore Valley Ranch, the Los Olivos, California, gated estate of approximately 2,700 acres includes 22 structures and is being listed by Hilton & Hyland and Sotheby’s International Realty. While the amusement park rides and exotic animals are no longer present, the iconic floral clock that spells out “Neverland” and the railroad tracks and train station remain.
The main home, designed by Robert Altevers for William Bone in 1982, is in the French-Normandy style and features approximately 12,598 square feet and 6 bedrooms, including a main-floor master suite with a private loft and two master baths. Also included are three separate guest homes, a 5,500-square-foot movie theater with a stage and seating for 50, several barns, animal shelter facilities, corrals and a maintenance shop.
This private oasis, in the heart of the Santa Ynez Valley wine country, enjoys the San Rafael and Santa Ynez mountains as backdrops, and it has extensively landscaped gardens, a four-acre lake with a waterfall, and stunning pastoral views to the south. An extensive outdoor barbecue area, swimming pool with a cabana, basketball court and tennis court also are included.
The King of Pop resided at the ranch for over 15 years, and when he defaulted on a loan backed by the ranch, real estate investment firm Colony Capital bought the note and took possession of Neverland. Since then, Colony Capital has extensively renovated the property.
For more information on Neverland Ranch, visit hiltonhyland.com or sothebysrealty.com
West Chelsea Penthouse Offered For $16 Million
Penthouse B at 500 West 21st Street offers New York City views spanning from the Statue of Liberty to the Empire State Building, plus the General Theological Seminary. Listed for $16 million, this residence maximizes indoor to outdoor living with oversized, curved casement windows that open to the south and west-facing, 400-square-foot terrace that is equipped with water, gas and electricity.
Entertain guests inside the 3,978 square feet from the well-proportioned living and dining rooms that open to the private terrace. The eat-in kitchen and den enjoy views of the Statue of Liberty and feature a Miele electric convection oven, speed oven, a gas cooktop with a vented pull-out hood, a built-in Gaggenau refrigerator and an under-the-counter Marvel wine refrigerator.
The 3 bedrooms are separate from the living quarters, providing maximum privacy. The oversized master suite enjoys views of the Empire State Building. The master bathroom is an oasis that boasts white statuary marble walls, Majestic brown marble flooring, custom vanities, a freestanding cast-iron Toto soaking tub, an oversized walk-in shower, radiant-heat floors, plus 2 walk-in closets. The 2 additional bedrooms are en suite and feature views of the seminary. Designated storage is included and a dedicated parking space is available.
For more information about Penthouse B, visit 500w21.com