Mega-Mansions That Are Nearly Worthless Today

For anyone who’s ever tried to sell a house, they know all too well the pitfalls and stress that goes with it. Even when the market is booming, some properties just won’t move.

So, imagine the same issues but with multi-million dollar celebrity homes that only a small percent of people in the world can afford. Here are some properties that have been “stagnant” despite their fame.

Mel Gibson’s Home

On the Market Since: 2010 — 6,500 square feet 

When Gibson first put it on the market in 2010, it was listed at $14.5 million. Over the following 8 months, it went through several price drops that totalled over a million dollars!

He took off the for-sale tag and then put it on a few years later at the original asking price.

Kurt Russell and Goldie Hawn’s Beach Mansion

On the Market Since: 2011 — 4,195 square feet

The Hollywood long-time power couple were renting out this Balinese-inspired home for $95,000 a month for over 3 decades! Renting earned them plenty of cash but selling it at $14.6 million turned out to be more than problematic.

50 Cent’s Connecticut Mansion

On the Market Since: 2007 — 50,000 square feet

It was over twelve years that 50’s farmland property was on the market. It was so overpriced that it took an 84% reduction for buyers to even consider looking at the 52-room mansion that was previously owned by Mike Tyson.