Overpriced Mega-Mansions That Hold Little Value Today

Mel Gibson’s Home

Mel Gibson's breathtaking summer retreat in Malibu, California might seem like a prime contender for top-tier real estate, but that assumption is inaccurate. Initially listed for $14.5 million in 2010, the property failed to attract any buyers, prompting Gibson to reduce the price to $12.8 million. By 2011, the price had plummeted further to its lowest point of $11.8 million, yet even after a decade, the estate remains unsold.