Expensive Mega-Mansions That Are Nearly Worthless Today

Mel Gibson’s Home

You would think that Mel Gibson’s spectacular summer vacation home in Malibu, California, would be one of the top choices of real estate, but you are mistaken. Its original price was at $14.5 in 2010, but since there were no takers, he dropped it to $12.8M, and by 2011, it hit its lowest point at $11.8 million. A decade later? Still, no takers.