Michael Jackson's Neverland ranch up for sale

The property is on the market for £54.7 million

Michael Jackson's famed Neverland Ranch in California is back on the market at a much reduced price of $67 million (£54.7 million) and with no mention of the late pop star in the real estate listing.

The sprawling 2,700-acre (1,100-hectare) estate, which once featured a zoo and theme park rides, is being touted as suitable for wine-making, keeping horses and a 'lifestyle of relaxation and entertaining on a grand scale.'

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The estate, which was renamed Sycamore Valley Ranch several years ago, was last offered for sale in May 2015 at $100 million (£81.6 million) but failed to sell.

Neverland, a name taken from the "Peter Pan" tale of a boy who refused to grew up, became Jackson's favorite retreat.

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