A Los Angeles businessman has written an offer for around USD 17 million for the Holmby Hills estate but the property is listed for USD 23.9 million, reported TMZ.
Insiders say that the businessman who made the offer "couldn't care less"' that Michael lived there before passing away in his bedroom in June 2009, after a self-administered dose of the prescription drug Propofol.
The owner has had problems selling the house in the past, to some extent because it has been popular with tourists eager to view the famous estate.
Mauricio Umansky, who is married to 'Real Housewives of Beverly Hills' star Kyle Richards, is controlling the listing for the house which was rented by Jackson.
Some of Jackson's furniture and personal art from the rental property was sold for a combined total of almost USD 1 million last December.
