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Jacko's New Neverland

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Jan. 8 2009, Published 3:15 p.m. ET

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While there may not be an amusement park or a full zoo in the yard, Michael Jackson has found a new mansion to call home – for a year, at least. The King of Pop has signed a $100,000 per month, yearlong lease on a mansion in the ritzy L.A. neighborhood of Bel Air.

The 50-year-old singer, who's been battling many legal problems lately and had to sell his iconic Neverland Ranch, has been in the seven bedroom, 13 bathroom house with his three children for a month, and reportedly initiated the move to stay close to the entertainment industry.

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His spokesman, Tohme Tohme, calls the property "a little bit more than an average home," according to the Associated Press, and says Michael promises that the second half of his career "will be better than the first."

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