Neverland is located in Santa Barbara County, California. The full address is 5225 Figueroa Mountain Road, Los Olivos, CA 93441. It was purchased back in 1987 for somewhere in the region of $30 million. The land itself was acquired from a golf course entrepreneur William Bone, but never was he aware of the massive changes Mike had in store.
Michael Jackson turned the Neverland Ranch into the largest private fun park in the world where many thousands of children were entertained in a world which for many was a dream.
Some of the attractions included
1.Private zoo
2..Theme park
3.Ferris wheel
4.Merry-go-round
5.Zipper
6.Spider
7.Sea dragon
8.Wave swinger
9.Super slide
10.Dragon wagon kiddie rollercoaster
11.Bumper cars
12.Private train service

More detailed information is provided in the Wiki~

The total valuation of the property is very hard to determine due to lack of accessibility to the ground. The US news Entertainment Tonight suggested that the total development was approximately worth $120 million. Yet there are speculations that this is well short off the market value. While on the other hand, the Barbara County assessor’s office placed a value of $96 million on the property for tax purposes.
However, despite all the effort and the expenses building the “Private Entertainment Park”, and counting in the facts that the Neverland Ranch was built to regain both Jackson’s long lost childhood and to share the joy with other children. Several of Michael’s accusations started from this very place when he invited few of the boys in a sleepover.