Nearly two years after it first went up for sale, the Peter Pan inspired home of luminary Michael Jackson’s Neverland ranch  has been relisted for sale $67 million in California with $33 million price cut.

READ MORE : Michael Jackson’s Neverland ranch for sale $100 million in California

Jackson bought a 1000 hectare plantation in 1987 for $US19.5 million and combined a private entertainment park featuring rollercoaster, merry-go-round, ferris circle and live animals.

Making it entirely his own, Michael renamed the property Neverland and created a magical fantasy setting for his home which is 12,000 square feet on 2,700 acres.The main residence offers 6 bedrooms, including a large first floor master suite with a private loft and two master baths.

The home is nestled between extensively landscaped gardens and a four-acre lake complete with a waterfall, incredible pastoral views to the south and majestic mountain views to the north.

The home features oddities like a floral clock, a movie theater with seating for 50 people, zoo, a private amusement park, fairgrounds, two railways with a steam locomotive and a grand main station.

It was afterwards renamed Sycamore Valley Ranch.Jackson’s former home is now being listed by Coldwell Banker’s Joyce Rey.