Celebrity News

Michael Jackson’s kids to buy Neverland ranch?

Getty

Michael Jackson’s two eldest children, 13-year-old Prince Michael and 12-year-old Paris, are looking at buying back their father’s Neverland Valley Ranch in Santa Barbara County where they spent most of their childhood.

The children of the pop icon are planning to buy back the property once they turn 21 and inherit the millions of dollars left to them by their father, who died in June last year.

Their plans for the ranch include building “some kind of community park and centre for animals,” an unnamed source told the News of the World .

“Paris and Prince remembered the rooms from their childhood,” the source said.

The newspaper’s source also added that seven-year-old Blanket had fallen in love with the place after a visit last summer.

Jackson lived at Neverland Ranch between 1988 and 2005. Estimates of the original purchase price of the property range between US$16.5 million and US$30 million.

He sold the property in 2008 when he was trying to eliminate his debts, but sources suggest his children will be more than able to purchase it back.

The property includes a private amusement park with two railroads, a Ferris wheel, carousel, Zipper ride, Octopus ride, pirate ship, Wave Swinger, Super Slide, Dragon Wagon kiddie roller-coaster and bumper cars.

Related video: Neverland Ranch sold.

Related stories