When it comes to houses that are not doing well on the market, you probably did not expect huge luxury mansions. Sadly, the following mega-mansions owners will show you that it is not only rundown houses that are difficult to sell! You are not going to believe that these gorgeous properties have no takers. There are various reasons for their inability to sell. Some of them have suffered from the reputation of the previous owners. On the other hand, the history of the house itself might also be a huge factor. It is also possible for the culprit to be overvaluation and high property taxes. At any rate, celebrities have a hard time finding the right buyer for the following unused properties!
Luxury Mansions That Celebrities Can’t Sell For One Reason Or Another
Mel Gibson’s Home – Malibu, California
It is believed that Prince Harry is interested in the five-bed, five-bath French country home of Mel Gibson. However, it has remained unsold even a decade after the actor put it up for sale. In 2010, he put it on the market at an asking price of $14.5 million. He dropped it to $12.8 million the following year. By November 2011, he reduced it further to $11.8 million! After this, he took out the listing only to put it back up for the original asking price. In 2008, the actor bought it from David Duchovny and Tea Leoni. Gibson added personal touches to the ocean-view estate to highlights its Old World charms. There is a good chance that people are scrolling past it because of its high property taxes.
Mel Gibson’s Home – Malibu, California
