Michael Jackson's restored Neverland Ranch is back on the market at a $33 million discount - take a tour

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Neverland Ranch train station

AP Images

The train station at Neverland Ranch.

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It's been almost two years since Michael Jackson's famed Neverland Ranch first came onto the market with a hefty $100 million price tag.

Now it's back with a significantly lower listing price: $67 million.

Renamed "Sycamore Valley Ranch," the 2,700-acre ranch in Los Olivos, California, was originally bought from Jackson by private investment firm Colony Capital for $23.5 million in 2008. It was subsequently restored and put back on the market, but it still hasn't sold.

Joyce Rey of Coldwell Banker Previews International has the listing this time around.

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April Walloga contributed to an earlier version of this story.