The pop superstar will live in the "Maggie May" singer's Essex mansion when he comes to London to play his 10-show residency at The O2 arena in July.
The house boasts 180 acres, has its own soccer pitch field and is located 3.5 miles outside Greater London.
A source said: "It's going to be perfect for Michael and his kids."
It has also been revealed Jackson – who has three children, son Prince Michael, 10, daughter Paris, nine, and five-year-old son Prince Michael II - will be releasing new music ahead of his shows.
Concert promoter Randy Phillips said: "There will be a new Michael Jackson single before the first date."
"Michael has got some new music and he is looking for a new way of disseminating his material to his fans."
The singer – who has not performed a full-length concert since 2001 – is also said to be planning some spectacular visual effects, including a complicated trick that will see him floating across the stage.
Phillips explained: "He wants to use some technical effects that have never been seen before."
Jackson's arrival in Britain will also be memorable – he has reportedly hired the $6,900-an-hour Challenger 604 plane that featured in the last James Bond film "Quantum of Solace."
A source said: "He has taken an option on it to hire it for his trip to London in July."
