Fans have flocked to the 2,800-acre estate in Santa Barbara Country since Jackson’s death, and now one tourism expert hinted that the ranch may well be re-opened to the public.

"Neverland is a major tourist destination already," Roger Brooks, CEO of tourism company Destination Development International, told Reuters news agency. "It embodied who Michael Jackson was. I think it could draw about one million visitors a year."

The potential to develop a theme park at Neverland in tribute to Jackson has been likened to Graceland, the former home of Elvis Presley, which was converted into a walkthrough tourist attraction after his death in 1977.