Fortress Investments, the long suffering lender who holds the multi-million dollar mortgage on Michael Jackson’s once beloved Neverland Ranch, has reached the end of their patience rope with the financially strapped and fallen music icon.

According to the always well informed celebrity gossip Roger Friedman who pens the Fox 411 column, Neverland Ranch has been foreclosed on and is scheduled to be sold at auction on March 19 unless The White Lady manages to scrounge up $24,525,906 and 61 damn cents. And quick.

If the 2,600 acre ranch on Figueroa Mountain Road in the Santa Ynez Valley is auctioned off on the steps of the Santa Barbara county courthouse, the sale will include “every single thing that is or isn’t nailed down” including furniture, fixtures, appliances, and “all merry go round type devices.” It would be fascinating to know what objects and personal items Mister Jackson left behind when he fled Neverland Ranch in shame and humiliation in June of 2005 after being acquitted of child molestation charges.

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