The sprawling 2,500-acre estate called “Neverland Ranch” owned by pop music icon, Michael Jackson, is set to go up for sale for more than $24.5 million at a public foreclosure auction on March 19 in Santa Barbara County, Calif., according to MSN.com.

We’ve been monitoring this process since about November 2007 when Jackson initially defaulted on the mortgage loan — he owes the lender approximately $24 million.

To check out the listing on Foreclosure.com click here.

Here’s the latest update on the situation:

“Financial Title Co. filed the notice of trustee’s sale with Santa Barbara County Superior Court, setting the auction date for March 19. Court documents … warn Jackson that he has until the date of the auction to take action to keep his lavish estate.”

It’s interesting to note that the foreclosure filing indicates that everything in the estate will be included in the sale if it happens, from the merry-go-round to locomotives to sculptures.

Neverland Ranch will not, however, come equipped zoo animals — Jackson reportedly sold most of his exotic pets to Lake Powell Waterworld months ago.

They’re HIStory … and his mansion could be next.