Michael Jackson's $100 Million Neverland Ranch Has Doors Opened for Cameras

Michael Jackson's Neverland Ranch, the focal site of the infamous trial against him and where he spent millions of dollars, has been up for sale since last spring at an astounding price of $100 million. Now, to entice possible buyers, Jackson's family has allowed footage inside to be filmed and shared with the world.

According to Today.com, Jackson's iconic property, which has been renamed the Sycamore Valley Ranch in the years since his death in 2009, has been up for sale for nearly a year at $100 million. Part of the reason it's been on the market so long is the heavy vetting process that potential buyers have to go through.

Joe Fryer from NBC received a rare tour of the former home of the King of Pop, and it was shot and shown to the world on the Today show and later online, in a strange event. For years, the 2,700-acre property has been surrounded with secrecy, and even potential buyers have to wait for a long time to even be allowed to go inside the ranch.

Inside Edition reports that Jackson bought the property in 1987 for $19.5 million and then proceeded to turn it into a Peter Pan-themed wonderland, which included park rides, where he would host parties for children.

Years after Jackson's many restorations of the property, the ranch became the geographical focal point of the child molestation charges made against him, and police extensively searched for evidence in the Los Olivos, California location.

After the trial was over and Jackson was found not guilty, the musician moved out of the property, saying it had lost its appeal after the police were in there. He later sold it to Colony Capital for $22.5 million. Amid the singer's financial troubles, there were numerous reports over the years that he squandered so much money on the park that he was close to bankruptcy.

When Jackson lived there, the property hosted rides and circus-like events, but recent renovations have taken all of these out, except for the singer's train station and giant clock made of flowers. New ponds and a Zen garden have been added.

Ever since Jackson's death, the ranch has become something of a place of worship for fans, and many have complained about someone else buying the property. In all, many call for it to be made into an MJ museum, much like Elvis Presley's old home, Graceland.