Friday, July 28, 2017

Mel Gibson Selling His Old World-Inspired Malibu Estate for $17.5M

Mel Gibson Selling Malibu House

Kevin Winter /gettyimages

Actor and director Mel Gibson has put his Malibu, CA, home on the market for $17.5 million. The two-time Oscar winner hopes his one-of-a-kind estate is also a win.

The 5,578-square-foot home combines an Old World charm with privacy on 5 landscaped acres.

“Imagine being close to town and yet having serenity and complete privacy,” says listing agent Britt Elizondo. “This extremely private compound also comes with rights to the La Costa Beach Club and Tennis Courts.”

The gated estate includes a five-bedroom, 5.5-bath main house with “enchanting outdoor areas,” separate guesthouse, lap pool, private sundeck, smaller pool with a pool house and gym, according to the listing.

Living room with 'Braveheart' decorLiving room with “Braveheart” decor

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The living room features a large fireplace with what appears to be “Braveheart”-style decor on the stone mantel. The french doors open out to the garden.

Family roomFamily room

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There’s also a family room and dining room. Dark wood and stone accents along with a vaulted ceiling add to the European design of the home, which was built in 1996. Stone archways connect the rooms, and metal chandeliers adorn the ceiling.

'Enchanting' outdoor areaOutdoor lounge

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Icons signaling Gibson’s religious beliefs also appear around the house, with Christian crosses affixed to multiple mantels.

This is the second house in Malibu the “Lethal Weapon” star has put on the market. In 2012 he sold Lavender Hill Farm for $9.2 million. The estate was listed for over two years and sold for well below the initial list price of $14.5 million.

One of two poolsOne of two pools on the property

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Gibson also unloaded a Sherman Oaks, CA, property earlier this year—a Frank Lloyd Wright–inspired home—which he also sold at a loss for $2.1 million. According to Mansion Global, he had purchased it in 2009 for $2.4 million for his ex-partner Oksana Grigorieva and their daughter.

He also reportedly sold a one-bedroom cottage in Agoura Hills, which was in contract for $699,000—well below the $2.17 million he paid in 2007.

The financial hits are certainly bad news for the 61-year-old, who’s taken many worse (self-inflicted) hits. The star was persona non grata in Hollywood after his anti-Semitic rant during his arrest on drunken-driving charges in 2006.

Gibson has apologized for his behavior and has been edging his way back into the public eye, by directing the award-winning film “Hacksaw Ridge” and starring in the upcoming “Daddy’s Home 2.”

The post Mel Gibson Selling His Old World-Inspired Malibu Estate for $17.5M appeared first on Real Estate News & Insights | realtor.com®.



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