Michael Jackson’s Neverland home back on the market
Michael Jackson’s former Neverland ranch home is back on the market at a $70 million discount.
The Santa Barbara, Calif., pad, where the late King of Pop lived from 1987 to 2005, was first put up for sale in 2015 with a $100 million price tag. But now Jackson estate bosses are so keen to offload the property, they are asking for $31 million, according to the Wall Street Journal.
Neverland is owned by a venture between the estate and bosses at real estate investment firm Colony Capital.
This Dec. 2004 file photo shows, the entrance to pop star Michael Jackson’s Neverland Ranch in Santa Ynez, Calif. (AP Photo/Mark J. Terrill, File)
It was last listed in 2017 and has been renamed the Sycamore Valley Ranch, according to Architectural Digest.
News of the latest sale price comes days ahead of the release of new HBO documentary Leaving Neverland, which features interviews with two men who accused Jackson of molesting them at his home.
Estate bosses and realtors trying to offload the property insist the sale has nothing to do with the two-part series.
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