Step Inside Michael Jackson's Neverland Ranch, Expected To Sell For Up To $50 Million

Michael Jackson's famed Neverland Ranch will soon hit the market.

The 2,800-acre ranch in Santa Ynez, California, hasn't been occupied since Jackson moved out in 2005. Private investment firm Colony Capital bought it in 2008 for $23.5 million and, after a restoration, plans to seek a buyer in the near future, Bloomberg reports.

Jackson bought the ranch in 1988. It features 22 buildings, including apartments and a movie theater. During his time there, the singer also installed a private railway and fairground (which has since been turned into a "zen garden").

Real estate experts say Neverland could fetch up to $50 million. An AP photographer visited the property in 2009.

Welcome to Neverland Ranch, the famed 2,800-acre property that once belonged to the late Michael Jackson.

Passing through the gates into the driveway, visitors will see a bronze statue of children playing in front of the main house.

Here is a full view of the front of the Tudor-style mansion.

The spacious, restored main room.

The main home has an oversized kitchen.

Here is the master bedroom, where the King of Pop slept.

And his master bathroom.

And as you can imagine, the grounds are extensive and heavily manicured. Here is one of the lakes, with fountains in the center.

There are many bronze statues of children throughout the grounds.

Of course, it has a pool. The ice cream cart in the front was given to Jackson by close friend Elizabeth Taylor.

The pool house has several floors. When Jackson lived there, it was full of arcade games, according to the AP.

Adding to the whimsical nature of the estate is the custom-built train station on the grounds.

Here is the view from the back, where you can see the tracks going through.

Children and adults were photographed using the train in 2004 when Jackson threw a holiday celebration.

His guests also visited the famous fairground. Colony Capital turned the area into a "zen garden" when it purchased the ranch in 2008.

The estate has been painstakingly restored since the singer moved in 2005.

It is expected to sell for as much as $50 million.

That's not the only celebrity estate for sale.

Richard Gere Drops The Price On His Hamptons Mansion To $48 Million >

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