Michael Jackson's beloved Neverland ranch is now on the open market for a cool $100 million.

The Wall Street reports the Los Olivos property, located about 40 miles outside of Santa Barbara, is now being listed by both Sotheby's International Realty and Hyland & Hilton.

Now known as "Sycamore Valley Ranch," the property still houses the iconic floral clock that spells out its former "Neverland" moniker as well as the railroad and train station Jackson had created.

The installed amusement park rides once so talked about no longer dot the land, nor do the fleet of animals that included orangutans and an elephant. But none of that has robbed the property of all its flair or color.

According to the LA Times, the estate spans some 2,700 acres and in all has about 22 structures on it, including the Normandy-style main house that calmly sits between two lakes and spreads out to about 12,000 feet and six bedrooms.

Nearby, sits a four-bedroom guesthouse and a special two-bedroom quarters. The property also plays host to a swimming pool with a cabana, a barbecue area, basketball and tennis court and a 50-seat movie theater that has a private viewing balcony and a stage with trap doors for magic shows.

Jackson paid nearly $20 million for the property in 1987 and lived there for more than 15 years. Faced with spiraling financial struggles, he ultimately defaulted on a $24.5 million loan on the property, and the note was purchased by Colony capital in 2008 for $23 million and placed in a joint venture with the "Thriller" singer.

Before placing it on the market, Colony reportedly spent millions on upgrades, and agents insist they will be doing "extensive prequalification" screenings.

"Our seller is not encouraging a lot of showings," Jeffrey Hyland of Hilton said.

Sotheby's Suzanne Perkins added, "We're not going to be giving tours."