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The controversial documentary detailing allegations of child sex abuse against Michael Jackson is named after his infam ous Californi an home.
And the Leaving Neverland controversy is clearly making it hard for the ranch to find a new owner.
The former home of the late popstar ha s seen its sale price slashed to less than a third of the original $100million asking price, and is now for sale for $31million, having been relisted on March 1.
The controversial documentary detailing allegations of child sex abuse against Michael Jackson is named after his infamous Californian home.
And the Leaving Neverland controversy is clearly making it hard for the ranch to find a new owner.
The former home of the late popstar has seen its sale price slashed to less than a third of the original $100million asking price, and is now for sale for $31million, having been relisted on March 1.
The mansion was originally for sale for $100million in 2015. It was then reduced in price to $67million but still failed to find a buyer.
Neverland – which was named aft er J.M. Barrie’s Peter Pan – has now been rebranded as Sycamore Valley Ranch and the price dropped by $69 million, to $31 million, reports Forbes.com.
Jackson purchased the home in 1989 for $19.5million and turned it into a fantasy world complete with zoo, fairground and ferris wheel.
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