Michael Jackson‘s famous Neverland Ranch is back on the market for just a fraction of its original asking price.
Amid a legal battle with HBO’s Leaving Neverland, Jackson’s estate relisted the property, where the late pop star lived for 15 years, at a new asking price of $31 million, nearly $70 million less than its original listing from 2015.
Neverland, which is co-owned by the star’s estate and fund management company Colony Capital, comprises of 2,700 acres and a nearly 12,000-square-foot main house and was first purchased by the King of Pop in 1987 for $19.5 million.
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