Mel Gibson sold his 75 acre "Old Mill Farm" Connecticut estate for 24 Million. Don't be impressed, he's been trying to sell it for three years when he was asking $39.5 Million. Don't feel sorry for the guy, he bought in in '94 for only $9.3 Million.
Here's what $24 Million will get for you in Greenwich, CT: 75 Acres, 16,000 square foot Tudor style mansion, 60 foot swimming pool, a log cabin and a 5 horse stable.
Mel recently broke off with his girlfriend who is raising his 7 month old baby. Of course Mel is divorced from his long-time wife Robyn.
This is proof that the slumping real estate market is affecting everyone! If he continues with his current lifestyle, poor Mel is going to end up in a one bedroom duplex or maybe move in with Tiger Woods!