Michael Jackson lived at Neverland Ranch for 15 years. In 2015, six years after the pop star's death, his estate along with Colony Capital, the investment firm that co-owns the property, listed Sycamore Valley Ranch, which is the property's new name, for $100 million . Two years later, the asking price was reduced to $67 million. Suzanne Perkins and Kyle Forsyth, the listing agents now handling the sale of the ranch, confirmed in an email to Refinery29 last week that it is now listed for $31 million. We reached out to Colony Capital about the decision to reduce Sycamore Valley Ranch's price once again, but it declined to comment. We also reached out to a lawyer for Jackson's estate and have yet to hear back.