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Michael Jackson’s Neverland Ranch back on market at steep discount

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Michael Jackson's Neverland Ranch in California is back on the market for $31 million, a steep cut from the $100 million asking price four years ago.

An aerial view of singer Michael Jackson's Neverland Valley Ranch on June 25, 2001 in Santa Ynez, California. GETTY IMAGES NORTH AMERICA/AFP/File/Jason Kirk

The 2,700-acre estate located near Los Olivos and renamed Sycamore Valley Ranch features a main house with six bedrooms along with three guest houses, a four-acre lake with a waterfall, tennis courts, several barns and animal shelter facilities.

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Michael Jackson's Neverland Ranch back on market at steep discountJackson reportedly paid $19.5 million for the property in the 1980s but a real estate investment firm bought it in 2008 for $22.5 million after the singer defaulted on a loan.
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Michael Jackson's Neverland Ranch back on market at steep discountMichael Jackson reportedly paid $19.5m for the property in the 1980s but a real estate investment firm bought it in 2008 for $22.5m after the singer defaulted on a loan. He could have bought I cash!!!!!!!! How did he home loan that crap?
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Michael Jackson's Neverland Ranch back on marketNeverland Ranch in California is back on the market for $31 million, a steep cut from the asking price four years ago.
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