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Michael Jackson's Neverland Ranch Hits Chinese ebay For 500 Million Yuan

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[Photo via Flickr/Kyle Harmon]

Sycamore Valley Ranch (née Michael Jackson's Neverland Ranch) did not have any luck finding a buyer when it hit the market this May for a cool $100 million. But would it have been luck on Taobao Pamei, the Chinese version of eBay, where it was recently listed with an opening bid of 500 million yuan ($78.6 million)?

No. No, it would not. Only one potential buyer signed up for the auction, and he or she declined to make a bid. Oh well. Maybe next time.
· Never Say Neverland? A Chinese Auction Site Tries to Sell Michael Jackson's Ranch [Realtor]
· Michael Jackson's Neverland Ranch is For Sale For $100 Million [Curbed LA]