The "Bad Romance" singer, Lady gaga has apparently gone gaga over the King-of-Pop Michael Jackson's Neverland Ranch. The singer has been eyeing the estate and has expressed her desire to buy the ranch and restore it to its former charm.

The world was taken by an emotional storm when news of the legendary King of Pop's demise broke out. The Neverland Valley Ranch was home to MJ for quite a while before its closure in 2009. Jackson's financial problems caused its closure. Jackson still owned a little stake in the Neverland Valley Ranch at the time of his death.

Gaga has struck up a friendship with MJ's sister,Latoya and has articulated her wishes to renovate and reinstate the Neverland Ranch. The ranch sits upon 3000 acres of land and MJ had added a personal railroad, a fair ground and a petting zoo to the estate, reports The Sun.

Gaga reportedly wants to help MJ's children hold on to their childhood home.

"His kids are all desperate to hold on to their childhood home so they can decide what they want to do with it properly when they've grown up," A source told The Hollywood Reporter.

"Gaga would love to help with the financial costs by buying a share," the source added.

At a recent auction, Lady Gaga purchased 55 of Jackson's memorabilia adding to her collection of celeb mementos. The proceeds of the auction will go to the Nathan Adelson Hospice of Las Vegas and The Guide Dogs of America, reports Denaijohnson.com.

The "Born This Way" crooner was to join MJ on his world tour -"This is it".