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Finding Neverland - Michael Jackson's ranch foreclosed

February 26, 2008 |  5:45 pm

Neverland_2 Unless entertainer Michael Jackson pays off a $24.5-million loan, his 2,800-acre ranch in Santa Barbara County will be auctioned off next month. The sale involves the land, house and all personal property, including furniture, appliances, rides, toys and "all merry-go-round type devices."

More details from Reuters, Fox News, TMZ and one of his hometown papers, the Santa Maria Times.

--Veronique de Turenne

Photo: Stephen Osman / Los Angeles Times