Price of Michael Jackson’s Neverland Ranch Drastically Drops to $31 Million

Michael Jackson’s infamous Neverland Ranch is up for sale again, but now for 70 percent less than it was originally listed. The legendary California estate was once on the market for $100 million but now the asking price is $31 million. The listing now calls the estate Sycamore Valley Ranch Neverland and describes it as “the ultimate ranch retreat” with six bedrooms in the main house. It also comes with its own movie theater. Jackson's name appears nowhere in the listing.