Update 3/1/2016: Apparently, not everyone wants to fly away to Neverland — at least, not for $100 million.
Michael Jackson's infamous Neverland Ranch, now called Sycamore Valley Ranch, just received a price cut of $33 million, dropping the asking price to $67 million. It was first listed for $100 million in 2015.
That price "was a difficult number to achieve," particularly in 2016 when "the market was not as robust as it could have been," listing agent Suzanne Perkins told . At that time, Colony Capital (who is selling the property along with Jackson's estate) was not open to lowering the price.
"I wish we had been given the opportunity to try to market it at $68 million," Perkins added. Regardless, good news for MJ fans: It just became $33 million easier to own a piece of Jackson's legacy.
Original 5/29/2015: The California property that Michael Jackson turned into his personal fantasy land may now be referred to as Sycamore Valley Ranch, but to fans of the King of Pop, it will always be Neverland Ranch.
According to the , the 2,700-acre property has hit the market with an asking price of $100 million, though it no longer houses the iconic carnival rides and zoo animals it was once did.
Jackson purchased the estate for $19.5 million in 1987, but after suffering financial setbacks, he entered into joint ownership with Colony Capital in 2008. The real estate investment company then spent millions upgrading the property after Jackson's death in 2009 with the intention to eventually sell it.
And while the rides and animals, save for one llama, were removed from the property, the former Neverland Valley Fire Department building is still standing, along with the train station and railroad tracks. The iconic floral clock, with Neverland spelled out, also remains on the ranch.
The property also includes two lakes, two guesthouses, a pool, a barbecue area, basketball court, and tennis court. The 12,000-square-foot main house is equipped with six bedrooms, a 50-seat movie theater, and a stage with trap doors for magic shows.
Unfortunately for fans hoping to get a glimpse inside the King of Pop's world, there will be no open houses and very few tours will be given, with potential buyers needing to undergo "extensive prequalification" before visiting the property.
There have been no updated photos of the property released, but take a look at the pictures below to see what Neverland Ranch looked like when the shortly after Jackson's death in 2009.