The property was struggling to sell.
’s Neverland home is facing demolition after struggling to sell, according to reports.
Jackson, who died in 2009, has been subjected to backlash since Leaving Neverland aired in the UK and the US and reports claim hisThe property, located in Santa Barbara, California, has been renamed to Sycamore Valley Ranch and faced a drastic reduction of 69% in order to entice potential buyers.In 2015, Neverland Ranch was put on sale for $100 million and the price has now dropped significantly to $31million .
He added the ranch’s owners have the option of ‘cutting their losses’ and destroying Neverland to build something new.
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