Michael Jackson’s “Neverland Ranch” is back on the market. And this time, it’s cheaper.
The late pop singer’s one time California ranch is going for $67 million dollars—$33 million off its original asking price, the Wall Street Journal reports. The ranch, which is located about 40 miles away from Santa Barbara, Calif., was originally listed for $100 million in 2015.
To explain the price cut, Suzanne Perkins, who worked as the property’s 2015 listing agent, told the Journal that the $100 million asking price “was a difficult number to achieve.” But the new price, according to Perkins, “is more in line with values in the area.”
The seller is a joint venture between Jackson’s estate, and a fund managed by Colony NorthStar, which is a a real-estate investment trust, the Journal reports.
Jackson bought the property for $19.5 million in 1987. At the time he owned the ranch, it was known for its unusual features, such as a train station and a flowery clock that reads “Neverland.” Those additions still remain. However, the 2,700 acre property is now called the “Sycamore Valley Ranch.”