MediaTakeOut.com just got word from an EXTREEEE-EMELY close insider that tells us that Jay Z and Beyonce are interested in making a $100M offer . . . on Michael Jackson's home NEVERLAND RANCH.
The home - which is located nearly 1 hour away from Los Angeles is Santa Barbara sits on nearly 2500 acres and is about 4 square miles of property.
The insider tells us that if successful, Jay and Bey plan on creating not only a HOME for themselves on the property - but a number of STATE OF THE ART recording studios.
But it's NOT CLEAR that Neverland Ranch is EVEN FOR SALE. According to our snitch, there are a NUMBER OF LEGAL HOOPS that have to be jumped through before the executoyrs of MJs will can even put it up for sale.