• Michael Jackson’s famed Neverland Ranch just came back on the market for $31 million, less than half its previous asking price.
• The property has been on the market for four years despite millions of dollars in renovations, price cuts, and a new name.
• It was originally listed $100 million in 2015 and discounted to $67 million two years later.
• Jackson’s former 2,700-acre property boasts a French Normandy-style 12,598-square-foot main residence, two guest houses, a lake, a 50-seat movie theatre, a tennis court, a 14-foot lagoon-style pool, a barn, and a Disney-themed train station.

Michael Jackson’s famed Neverland Ranch is back on the market for $31 million, less than half of its previous listing price of $67 million.

In 2015, the 22,700-acre property hit the market for a whopping $100 million under a new identity as Sycamore Valley Ranch. But the 12,598-square-foot French-Normandy style residence located in Los Olivos, California sat on the market for two years before its price was slashed to $67 million in 2017.

After millions of dollars in renovations, the 2,700-acre ranch boasts a main residence with five bedrooms and eight bathrooms, two guesthouses, a four-acre lake, a 50-seat movie theatre, a tennis court, a 14-foot lagoon-style pool, a dance studio, barns, and separate staff facilities.