Michael Jackson‘s iconic Neverland Ranch is being sold! Images: AAP Fri-01-Aug-14 09:05 Share this By Jay-Jay FeeneyMichael Jackson‘s iconic Neverland Ranch is being sold! Colony Capital bailed Michael out of the $23 million mortgage before it was about to go into foreclosure so they now have the right to sell it. They expect to get up to $60 million for it. You May Also Like Michael Jackson's autopsy photos shown in court (Warning: NSFW) Is Michael Jackson really dead? A new doco thinks he isn't Michael Jackson is haunting his old house Become a fan of The Edge on Facebook and on Twitter .