Michael Jackson's Mom Will Not Sell Family Estate, Court Hearing Reveals

6:17 AM PDT 9/29/2011 by Lindsay Powers

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Alberto E. Rodriguez/Getty Images

Katherine Jackson will buy a second home in Calabasas to live with the singer's three children.

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A lawyer for Katherine Jackson, Howard Weitzman, announced in court Wednesday that Jackson no longer wants to sell the longtime family estate, Hayvenhurst, in Encino, TMZ.com reports.

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She had originally submitted a petition to list the property, which was featured on The Oprah Winfrey Show, along with the first interview of Jackson's three children.

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The courts approved for Jackson to buy a second home. TMZ reports she will purchase the Calabasas home she's been renting, and she plans to live there with Jackson's children.