A public auction has been set for March 19 , according to court documents . Documents show that Neverland Ranch in Los Olivos , California , is scheduled for a public auction on March 19 at Santa Barbara 's downtown courthouse . Jackson spent $ 24.5 million on the property . Jackson said : ` ` The rest is all being worked out '' The singer has not lived at Neverland Ranch since January 2005 .
A public auction has been set for March 19 , according to court documents . Jackson spent $ 24.5 million on the property . Jackson said : ` ` The rest is all being worked out '' The singer has not lived at Neverland Ranch since January 2005 .