Michael Jackson ran the Neverland ranch for a long time, and it was his main residence. The ranch was more of a theme park for many years, with rides, a zoo and an … During Jackson’s tenure, he had dubbed the property “Neverland Ranch” in homage to Never Neverland from “Peter Pan”, but the new owners have renamed it Sycamore Valley Ranch. Sycamore Valley Ranch is a developed property in Santa Barbara County, California, located at 5225 Figueroa Mountain Road, Los Olivos, California, on the edge of Los Padres National Forest. It is known for being the home and private amusement park of American entertainer Michael Jackson from 1988 until 2005. Originally named Zaca Laderas Ranch, the estate was renamed to Sycamore Valley Ranch shortly after it was purchased by property developer William Bone in 1981. Michael Jackson's Neverland ranch was just re-listed for $31 million after being on the market for $100 million in 2015.
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