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Jackson spent $19.5 million to acquire the property in 1987. That's the same as round $44 million in today's inflation-adjusted dollars. So either Michael WAYYYY overpaid back in 1987 OR today's price is a total steal.

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The current owner of the property is a private equity firm called Colony Capital. They've tried numerous times to sell Neverland Ranch since Jackson died in 2009, slashing the price and changing listing agents at one point, all to no avail.

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News of the property having been relisted comes as the Jackson estate is suing HBO for airing Leaving Neverland, which will nevertheless air in two parts on March 3rd and 4th on HBO.

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