Mega-Mansions That Are Nearly Worthless Today

They Just Won’t Sell

If people think selling a normal house is hard, try selling ones that are in the millions!

Not only does it make the potential buyer pool smaller, some stars have made design changes that actually lower the value. These homes have been stuck on the market for years.

Matt Lauer’s Waterfront Estate

The Hamptons, New York – Originally priced at $44.8m since 2019

The former journalist and NBC anchor bought this placed from Richard Gere. But since his personal and professional life fell to pieces because of scandals and other shady issues, no one will touch ANY of the properties he wants to dump.

Even the firm in charge of selling the place took it down after news hit about the allegations.

Joey Lawrence’s Mansion

Encino, California – Originally priced at $3.2m since 2010

You remember the show Blossom? Yeah, the guy who placed her brother – WOAH! Sadly though, the actor hit some hard times in his personal life and tried to sell the home he had lived in for over 20 years. He bough it for a “reasonable” 1.

2m back in the day, and refused to take any loses on the property, but it hasn’t sold yet.

Schweppe Mansion

Lake Forest, Illinois – Originally priced at $18m since 2007

This place was originally a wedding present from John G. Shedd to his daughter. It’s even been place that entertained royalty. For some reason, it won’t move – offers fall through or it’s just market silence.

Neverland Ranch

Los Olivos, California – Originally priced at $100m since 2015

Michael Jackson’s ranch (now called Sycamore Valley Ranch) was on the market for a very long time. However, after he passed way it went to wee.

Even though the amusement park rides and animal have been taken out, and the price has been drastically cut, no one is putting in offers.