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Mansions Owned By Rich And Famous People That Are Basically Worthless Now

July 1, 2022

You wouldn't think that the Rich & Famous would have troubles selling their mansions. However, the owners of these luxurious homes will tell you that that is not true; no matter how gorgeous, these once highly valued pieces of real estate have since had zero takers on the market.

Rich and Famous Homes That Won't sell
Getty/Sam Greenwood and The Agency Real Estate

There are many reason a valuable piece of property like these don't move, the reasons vary from property to property. In the case of some celebrity homes, the previous owners' reputation had a negative impact on the market value of the property. For others, the history of the property itself has bottomed out its own worth to practically nothing.

Usually, high property taxes or overvaluation are to blame, but there is no doubt that it is frustrating for celebrities who want to offload unused properties. Read on to see the most expensive mansions that almost no one wants to buy.

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Mel Gibson's Home - Malibu, California

Mel Gibson's Home - Malibu, California 1
Mel Gibson's Home - Malibu, California @Dawn Delanghe-Foor /

Listed In: 2010
Size: 6,500 square feet
Asking Price: $14.5 million*

Speculation is high that Prince Harry himself is keen to purchase Mel Gibson's five-bedroom, five-bathroom, French country Malibu home – but so far this pricey mansion remains unsold more than a decade after Gibson listed it. He first listed it for $14.5 million in 2010. One year later he dropped the price to $12.8 million.

By November of 2011, the price continued to fall to $11.8 million, marking a whopping $1 million drop in eight months. Gibson removed it from the market until 2019, when he put it back up for the original $14.5 million asking price.

Gibson first bought the mansion in 2008 from David Duchovny and Tea Leoni, an actor who has starred in shows like Fox'sThe X-Files. Gibson then took the ocean-view estate and gave it his own personal touch, highlighting some of the estate's “Old World” characteristics. It's likely that high property taxes are to blame for the lack of sale.

Mel Gibson - Personal Information
  • Name: Mel Gibson
  • Gender: male
  • Age: 65
  • Height: 5'9" (1.77m)
  • Birthday: January 3rd, 1956
  • Net Worth: $425,000,000
  • Nationality: us
  • Occupation: Actor, Screenwriter, Film Director, Film Producer, Television Producer, Television Director, Voice Actor

Kurt Russell And Goldie Hawn's Beach Mansion - Malibu, California

Kurt Russell and Goldie Hawn's Beach Mansion - Malibu, California 2
Kurt Russell and Goldie Hawn's Beach Mansion - Malibu, California @Propsavvy /

Listed In: 2011
Size: 4,195 square feet
Asking Price: $14.8 million*

Goldie Hawn and Kurt Russell are one of the few Hollywood couples that have been together for ages and show no signs of breaking up. The pair, in addition to joint income from movies like Overboard, Private Benjamin, The Thing, and more, also have a side hustle: their valuable Malibu beach house property.

The house, which is Balinese-inspired and located on Broad Beach, went on the market in 2011 for $14.8 million. For nearly three decades before that, the Hollywood couple had been renting it for $95,000 a month. Though renting was profitable, they had trouble selling the beachy retreat.

The Broad Beach estate was built during the seventies, when companies like GM and Exxon were having their heydays. One of the prettiest features of the estate is the flagstone courtyard, which leads you into the tropical-themed home. There is also a remodeled chef's kitchen, two story great room, and foyer with a huge chandelier.

Kurt Russell - Personal Information
  • Name: Kurt Russell
  • Gender: male
  • Age: 70
  • Height: 5'10" (1.8m)
  • Birthday: March 17th, 1951
  • Net Worth: $100,000,000
  • Nationality: us
  • Occupation: Actor, Screenwriter, Voice Actor, Film Producer

50 Cent's Connecticut Mansion - Farmington, Connecticut

50 Cent's Connecticut Mansion - Farmington, Connecticut 3
50 Cent's Connecticut Mansion - Farmington, Connecticut @NBC Connecticut /

Listed In: 2007
Size: 50,000 square feet
Asking Price: $18.5 million*

50 Cent struggled to sell his Farmington, Connecticut mansion for over twelve years, and he had to knock down the price by 84% before any buyers would seriously consider the property. The rapper's mansion is certainly impressive, boasting fifty-two rooms, including a recording studio, nightclub, game rooms, a hot tub, pools and several basketball courts.

The Shady Records rapper originally bought the property from boxer Mike Tyson in 2003 for $4.1 million. Four years later, he listed it for $18.5 million. Real estate broker Dolly Lenz told her theory of why the house didn't sell, stating that it was priced far too high.

Lenz, a real estate broker who specializes in luxury homes, said that the rapper priced it “too out of whack.” Lenz said that there has “never” been a luxury home that sold for “anywhere near that number” in the Farmington, Connecticut region. Whether the rapper will take her advice (or anyone's) is unlikely.

50 Cent - Personal Information
  • Name: 50 Cent
  • Gender: male
  • Age: 45
  • Height: 6'0" (1.83m)
  • Birthday: July 6th, 1975
  • Net Worth: $30,000,000
  • Nationality: us
  • Occupation: Businessperson, Actor, Investor, Film Producer, Rapper, Screenwriter, Entrepreneur, Songwriter

Faith Hill And Tim McGraw's Mansion - Tennessee

Faith Hill and Tim McGraw's Mansion - Tennessee 4
Faith Hill and Tim McGraw's Mansion – Tennessee @Country Living Magazine /

Listed In: 2013
Size: 22,460 square feet (753 acres)
Asking Price: $20 million*

Tim McGraw and Faith Hill have a net worth of $135 million, making them one of the richest (and longest-lasting) couples in Hollywood. The country singers owned a castle in Leiper's Fork, Tennessee. The sprawling mansion was 22,460 square feet, and it had five bedrooms and ten bathrooms.

The home sat on a large piece of land—over 750 acres! It also had a dozen-stall barn on the property. It has been on the market, along with another one of their homes, since 2013. Leiper's Fork initially went on the market for $20 million, though the country couple has had to drop the price a few times.

Understanding the town of Leiper's Fork might shed more like on why the CMT'couple had trouble selling such a large estate. There's little to do in Leiper's Fork, which is an unincorporated town with 650 people. The rural village has a distillery, church, and restaurant called Country Boy, but that's about it.

Faith Hill - Personal Information
  • Name: Faith Hill
  • Gender: female
  • Age: 53
  • Height: 5'9" (1.77m)
  • Birthday: September 21st, 1967
  • Net Worth: $165,000,000
  • Nationality: us
  • Occupation: Singer, Actor, Record Producer, Artist, Singer Songwriter, Musician, Music Artist

Tommy Hilfiger's Mansion - Greenwich, Connecticut

Tommy Hilfiger's Mansion - Greenwich, Connecticut 5
Tommy Hilfiger's Mansion - Greenwich, Connecticut @sandramorrisonsellsrealestate /

Listed In: 2020
Size: 13,344 square feet
Asking Price: $48 million*

This is one of the newer list mega-mansions to hit the market. Fashion designer and millionaire Tommy Hilfiger is selling his Greenwich, Connecticut mansion for $47.5 million via Sotheby's International. This continues the 2020 trend of affluent New Yorkers fleeing to nearby rural destinations and states, as opposed to staying in the city limits.

Hilfiger's castle was originally called Chateau Paterno, and it was built for Charles Paterno in 1939. The real estate magnate hired Greville Rickard, a superstar graduate from Yale to build it. Twenty years later, Joseph Hirshhorn, an art collector, bought the property and used it to house 6,000 19th- and 20th-century sculptures and paintings.

He decided to try to sell his mansion after hearing that the real estate market was “strong,” according to the Wall Street Journal. Hilfiger'and his wife are relocating to Palm Beach, Florida. His residence measures 13,344 square feet and was built in 1939. It has water and rose gardens, as well as a four-bay garage, greenhouse, and guest cottage. The home has had no takers so far, which has surprised agents.

Tommy Hilfiger - Personal Information
  • Name: Tommy Hilfiger
  • Gender: male
  • Age: 69
  • Birthday: March 24th, 1951
  • Net Worth: $450,000,000
  • Nationality: us
  • Occupation: Businessperson, Fashion Designer, Designer

Michael Jordan's Chicago Estate - Chicago, Illinois

Michael Jordan's Chicago Estate - Chicago, Illinois 6
Michael Jordan's Chicago Estate - Chicago, Illinois @Forbes /

Listed In: 2012
Size: 56,000 square feet
Asking Price: $29 million*

Michael Jordan originally put his 56,000 square-foot mansion up for sale for $29 million. Located in Highland Park, Illinois, the mansion has since dropped to less than $15 million as Jordan struggled to find a buyer. The seven-acre estate has been Listed In 2012, and now he can't seem to sell it for anything at all.

The Nike'spokesman and former NBA star even tried to sweeten the deal by throwing in a pair of rare, vintage Air Jordans with the house. So, what's the problem? Chicago Mag says that the asking price is too high, even for such a large property. No one wants to buy a mansion that will depreciate in value.

As Forbes stated, the market for such a luxury property is far from “limitless.” The fitness perks of the place (such as the basketball court) aren't really a selling point for someone without the athleticism of Jordan. Also, there was a lot of “culture clash” between the realtors over the high-profile nature of the house, according to The Real Deal.

Michael Jordan - Personal Information
  • Name: Michael Jordan
  • Gender: male
  • Age: 58
  • Height: 6'5" (1.98m)
  • Birthday: February 17th, 1963
  • Net Worth: $2,200,000,000
  • Nationality: us
  • Occupation: Basketball Player, Athlete, Spokesperson, Entrepreneur, Actor

Jennifer Lopez's Mansion - Los Angeles, California

Jennifer Lopez's Mansion - Los Angeles, California 7
Jennifer Lopez's Mansion - Los Angeles, California @BazaarUK /

Listed In: 2015
Size: 17,129 square feet
Asking Price: $17 million*

Jennifer Lopez' palatial, gorgeous California mansion has everything that a pop star would ever want—including a dressing room to get ready for Hollywood events. The singer listed the 17,000-square-foot Hidden Hills mansion for $17 million in 2015. In addition to the dressing room, the home also has nine bedrooms, a dance studio, twenty-seat theater, gym, and a huge recording studio.

Despite all this luxury, Lopez had trouble selling the place. She had to drop the price down $4.5 million, listing it for $12.5 million. Lopez also has residences in New York, Miami, and Bel Air—but those, she's planning to keep.

You might think that California, the home of mega-companies like Apple'and the state known for being almost as expensive as New York, and its property taxes are why the home didn't sell, but that isn't likely the case. The property tax rate in Cali is lower than even Ohio's. A median home in the state ($385,000 value) raises just $3,104 in taxes.

Jennifer Lopez - Personal Information
  • Name: Jennifer Lopez
  • Gender: female
  • Age: 51
  • Height: 5'4" (1.64m)
  • Birthday: July 24th, 1969
  • Net Worth: $400,000,000
  • Nationality: us
  • Occupation: Singer, Record Producer, Television Producer, Entrepreneur, Actor, Songwriter, Music Video Director, Presenter, Dancer, Fashion Designer

Sylvester Stallone's California Estate - La Quinta, California

Sylvester Stallone's California Estate - La Quinta, California 8
Sylvester Stallone's California Estate - La Quinta, California @Robb Report /

Listed In: 2014
Size: 5,000 square feet
Asking Price: $4.5 million*

Rocky and Rambo actor Sylvester Stallone purchased a home in La Quinta, California for $4.5 million back in 2010. The mansion has four-and-a-half bedrooms and five bathrooms. The exterior is stucco covered with clay tile, and the interior is designed in a mix of Tuscan and Mediterranean styles.

Stallone had the property commissioned himself in 2008. He was heavily-involved with the designing, and RobbReport reported that it was “likely influenced” by the movie star's “Italian ancestry.” The MGM'star's home includes coved ceilings, hardwood floors, arched entryways, and, of course, a dedicated wine room and large eat-in kitchen to accompany a formal dining room.

Despite this home's beauty, Stallone's residence has had trouble selling. He first listed it in 2014 before taking it off the market in 2015. He then re-listed it for $3.87 million, taking a loss of several hundred thousand dollars. The most recent listing of the La Quinta property, five years later, has it at $3.999 million.

Sylvester Stallone - Personal Information
  • Name: Sylvester Stallone
  • Gender: male
  • Age: 74
  • Height: 5'9" (1.77m)
  • Birthday: July 6th, 1946
  • Net Worth: $400,000,000
  • Nationality: us
  • Occupation: Screenwriter, Actor, Film Director, Television Producer, Film Producer, Voice Actor

Ellen DeGeneres' Mansion - Los Angeles, CA

Ellen DeGeneres' Mansion - Los Angeles, CA 9
Ellen DeGeneres' Mansion - Los Angeles, CA @celebrity_home /

Listed In: 2014
Size: 4,158 square feet
Asking Price: $8 million*

Ellen DeGeneres and wife Portia De Rossi have a known knack for flipping and reselling luxury homes. They usually make a bundle on the price, but that has not been the case with one Los Angeles condo. In 2014, Ellen DeGeneres put two Los Angeles condos up for sale. The larger of the two sold, but the smaller has been a tough sell.

DeGeneres listed the property for $8 million, and the price kept dropping until it was $5.85 million, the same as what she bought it for. The apartment is located in an LA high-rise, and described it as “ultra-swanky.”

The NBC'talk show host and her wife have usually found success flipping luxury properties, so this setback is surprising. DeGeneres has amassed most of her wealth through her entertainment business. Forbes estimated in 2018 that she earned $87.5 million a year, placing her at #15 on the highest-paid-entertainer list.

Ellen DeGeneres - Personal Information
  • Name: Ellen DeGeneres
  • Gender: female
  • Age: 63
  • Height: 5'7" (1.71m)
  • Birthday: January 26th, 1958
  • Net Worth: $500,000,000
  • Nationality: us
  • Occupation: Comedian, Actor, Voice Actor, Television Producer, Screenwriter, Television Presenter, Film Producer

Joey Lawrence's Mansion - Encino, California

Joey Lawrence's Mansion - Encino, California 10
Joey Lawrence's Mansion - Encino, California @American Luxury /

Listed In: 2010
Size: 8,100 square feet
Asking Price: $3.2 million*

Former Blossom actor Joey Lawrence bought a Spanish estate in Encino, California back nearly two decades ago, and he has remained trapped there ever since. He first listed the home for $3.2 million in 2010, but it didn't sell. The home had six bedrooms and nine and a half bathrooms, along with multiple saunas, a movie theater, and a master suite.

Lawrence kept dropping the price down to $2.3 million. Though he purchased it for $1.2 million 1994, a $900,000 price cut is a lot. He put it back on the market in 2016 for $2.249 million, hoping for a change in luck.

Though Lawrence hasn't had luck selling the place (yet), he won't be taking a loss, even if he sells it at the current price. The Melissa and Joey star bought the place for a little under $2 million. Lawrence has had a tough 2020, with Fox'reporting that he and his wife are estranged after nearly a decade and a half of marriage.

Joey Lawrence - Personal Information
  • Name: Joey Lawrence
  • Gender: male
  • Age: 44
  • Height: 5'8" (1.73m)
  • Birthday: April 20th, 1976
  • Net Worth: $250,000
  • Nationality: us
  • Occupation: Actor, Presenter, Television Producer, Voice Actor, Record Producer, Singer Songwriter

Matt Lauer's Waterfront Estate - The Hamptons, New York

Matt Lauer's Waterfront Estate - The Hamptons, New York 11
Matt Lauer's Waterfront Estate - The Hamptons, New York @Page Six /

Listed In: 2019
Size: 19,000 square feet
Asking Price: $44.8 million*

Former NBC anchor Matt Lauer listed his waterfront estate for $65 million in 2019. The former journalist had initially purchased it from actor Richard Gere for $36.8 million. But today, the six-acre estate isn't the only property Lauer is selling. He's also leaving his North Haven, New York mansion, named Strongheart Manor.

The former NBC'host is asking for $44.8 million for the property. The locale is picturesque, with a private beach, pond with a bridge, deepwater dock, island-inspired tea house, and two guest cottages, in addition to the main home. The home has six bedrooms and seven bathrooms, as well as a huge screened-in porch.

Matt Lauer has had issues even getting his home onto listings because of issues that plagued his NBC career. Corcoran, a real estate firm, removed his home from its website after the 2017 news broke. While there's no doubt that the property is beautiful, there's no way that it's changing hands anytime soon.

Matt Lauer - Personal Information
  • Name: Matt Lauer
  • Gender: male
  • Age: 63
  • Height: 5'10" (1.8m)
  • Birthday: December 30th, 1957
  • Net Worth: $80,000,000
  • Nationality: us
  • Occupation: Journalist, Tv Journalist, Presenter, Actor, Newscaster

Steve Cohen's Penthouse - New York City, New York

Steve Cohen's Penthouse - New York City, New York 12
Steve Cohen - New York City, New York @ForbesLife /

Listed In: 2013
Size: 9,000 square feet
Asking Price: $115 million*

Steve Cohen, a hedge funder worth $14.1 billion as of 2020, is usually a business genius. However, he doesn't seem to have the golden touch when it comes to selling a Manhattan duplex penthouse. He originally put the 9,000-square-foot penthouse on the market for $115 million in 2013.

As time has gone on, the price has dropped, first to $98 million and now to $57.5 million, a 50% cut. The penthouse has an art gallery, as Cohen is a serious art collector (though only some of his collection is housed in the Manhattan penthouse). His collection, for which he is notorious for overpaying, is worth $1 billion. The penthouse also has five bedrooms and six bathrooms.

The duplex, which is industrial strength, just simply won't sell. Steve Cohen, who invests in stocks like BGC Partners', is likely very displeased by the precipitous drop in his penthouse. The reason the penthouse won't sell is likely due to property tax reasons or the high cost-of-living in the city.

Alan Wilzig's Townhouse - New York City, New York

Alan Wilzig's Townhouse - New York City, New York 13
Alan Wilzig - New York City, New York @Alan Wilzig /

Listed In: 2014
Size: 6,500 square feet
Asking Price: $44 million*

If you have ever seen the blockbuster Leonardo DiCaprio movie Wolf of Wall Street, then you know who Alan Wilzig is. Wilzig was the inspiration for DiCaprio's character in the Wolf of Wall Street. Wilzig is also, in addition to being businessman and entrepreneur, a semi-professional racecar driver.

Wilzig put his Tribeca townhouse on the market in 2014 for $44 million. The townhouse, which has become far more toned-down and mellow in appearance over the years, had trouble selling. Wilzig had to drop the price down to $18.75 million in October of 2018 in the hopes of hooking a buyer.

He and his siblings purchased the Trust Company of New Jersey back in the late sixties. They built it into a forty-five-branch franchise. Wilzig also, in addition to his real estate holdings, owns more than 100 cars, bikes, and ATVs. His collection includes everything from Toyota'Indy cars to 1992 Honda NR750s.

Forge Mansion - Womelsdorf, Pennsylvania

Forge Mansion - Womelsdorf, Pennsylvania 14
Forge Mansion - Womelsdorf, Pennsylvania @R Warnock /

Listed In:1994
Size: 7,800 square feet
Asking Price: $825,000*

Vincent Forge Mansion is located in East Vincent Township in Chester County, Pennsylvania. The estate was built centuries ago in 1770, and it is a two-and-a-half-story stone home with a gable roof. The home was originally located on an iron forge, and it served as the ironmaster's residence and office during.

The property operated as a forge until 1800. After that, it became a farmhouse and, in 1925, it was a Catholic boys' summer camp. It was abandoned in the late 1970s, and it has struggled to find a buyer ever since. While calls it “charming” and “historic,” some Facebook'sleuths allege it might be haunted by a ghost. Clearly the ghostly stories are enough to decay the market value.

In 1984, the National Register of Historic Places added it to its list. The NRHP lists buildings all over the country that are deemed important enough to preserve. The fact that it was built in 1770 is likely why it has been listed, and its alternative names, Kerry Dell Farm and Young's Forge Mansion have also been listed.

The Halston Penthouse - Manhattan, New York

The Halston Penthouse - Manhattan, New York 15
The Halston Penthouse - Manhattan, New York @Architectural Digest / @ELLE DÉCOR /

Listed In: 2011
Size: 2,767 square feet
Asking Price: $38 million*

The Halston penthouse was originally owned and designed by Roy Halston Frowick. This unique property is located on the Upper East Side of Manhattan, and it was a famous party location in the 1970s when Halston was having his heyday. Despite many famous names on its guest list, few buyers have emerged even curious to own the property.

The home went on the market in 2011 for $38 million. Since then, the price has dropped to $24 million (and counting). Halston, a designer who was worth $21 million, was known for his clean, minimalist designs. His company was later bought by Revlon'. You can see his minimalist, chic taste in the design of his penthouse.

The two-story penthouse was often the site of famously-wild Studio 54 afterparties. Though it was designed by Halston, architect Paul Rudolph chipped in. Rudolph is the architect who designed the Yale Art & Architecture Building. He was known for using concrete and developing extremely complicated floor plans, two preferences that did not make it into the Halston designs, likely because of how cramped NYC is.

Mediterannean Mansion - Beverly Hills, California

Mediterannean Mansion - Beverly Hills, California 16
Mediterranean Mansion - Beverly Hills, California @www.todaysbestmansionsforsale /

Listed In: 2014
Size: 43,000 square feet
Asking Price: $129 million*

Dubbed the “Palazzo di Amore,” this Mediterranean mansion is an over-the-top luxurious house located in Beverly Hills, California. Beverly Hills is one of the richest areas in California, and it has the most celebrities living there out of every city in America. This mansion measures 43,000 square feet, and it has 12 bedrooms, 23 bathrooms, and a wine cellar measuring 10,000 square feet.

It's amazing that no celebrity or MGM'exec has scooped the property up yet. The Palazzo di Amore has a reflecting pool, garden, waterfall, and entertainment complex, among other amenities. It was listed on the market in 2017, and the price has been reduced several times.

For a time, the Palazzo di Amore was the most expensive home in America. Jeff Greene, a real estate mogul, is the developer trying to offload the property. He bought it for $35 million, and he added onto it with the help of star architects Mohamed Hadid, Alberto Pino, and Bob Ray Offenhauser.

The Aiken Estate - Savannah, Georgia

The Aiken Estate - Savannah, Georgia 17
The Aiken Estate - Savannah, Georgia @The Lineup /

Listed In: 2015
Size: 3,936 square feet
Asking Price: $1.253 million*

Built in 1855, the Aiken Estate is located in Savannah, Georgia, and it has five bedrooms and five bathrooms. It has a veranda overlooking lush gardens and a private courtyard, and it is currently on the market for $1,253,879. The house was the family home of American author and noted poet Conrad Aiken.

The home was owned by William and Anna Aiken. They were not a happy couple, in part because Anna was a socialite who loved spending money, and William suffered from mental illness. Anna was always trying to have William institutionalized, to the point where William would tell people to “ask [his] lawyer” if they asked him how he was.

Though the owner-poet might have never gotten a deal from a publisher like John Wiley & Sons', his work is still widely known, as is his tragic backstory, which is part of the reason why people don't want to purchase this historic mansion. Rumors of ghosts ensure that the Aiken House will likely remain unsold for years to come.

Granot Loma - Lake Superior, Michigan

Granot Loma - Lake Superior, Michigan 18
Granot Loma - Lake Superior, Michigan @Granot Loma /

Listed In: 2017
Size: 26,000 square feet
Asking Price: $40 million*

Built by 400 expert Scandinavian craftsmen and builders, Granot Loma is a huge, 26,000 square-foot mansion located off the coast of Lake Superior, Michigan. This incredible mansion has twenty-three bedrooms, an outbuilding with four apartments, a hot tub, and a private marine all to itself. Granot Loma is even registered by the National Register of Historic Places.

Granot Loma doesn't have any specific meaning. Instead, it is a random mashup of letters from the names of the builder's three kids and his wife. The initial developer hired twenty-two architects to design Granot Loma, and he had pine logs shipped by train from Oregon to Marquette. The lodge was abandoned after the 1950s.

It was once owned by one of the wealthy co-founders of General Motors'. The mansion was originally listed for $40 million, but the price has dropped a whopping 50% to $20 million over the years. Though filled with artifacts and paintings, buyers have rejected this giant log cabin because of its remoteness and the age of the building – after all, it's over a century old.

Neverland Ranch

Neverland Ranch 19
Neverland Ranch @hauteresidencenetwork /

Listed In: 2015
Size: 12,000 square feet
Asking Price: $100 million*

Constructed in 1981 by William Bone, Neverland Ranch (which is now called Sycamore Valley Ranch) was originally named Zaca Laderas Ranch. Located in Los Olivos, California, the ranch spans an impressive 2,700 acres of property and it has been on and off the market for years.

As most pop culture fans already know, this estate was famously owned by Motown Records'superstar Michael Jackson. After his death, however, the property fell into disrepair. It was partially restored in 2015, though by then the amusement rides and animals had been removed from the property.Once valued at more than $100 million it currently sits on the market, unsold, for $31 million.

Neverland Ranch is no stranger to financial difficulties. The estate teetered on foreclosure in 2007, with some news outlets saying that it was, in fact, being foreclosed. However, Jackson's lawyers said that the loan was being refinanced, and Jackson and his heirs would continue to keep 87.5% of Neverland. In 2008, the ranch fell into (and was saved from) foreclosure again.

Stone Walled Estate - Alpine, New Jersey

Stone-Walled Estate - Alpine, New Jersey 20
Stone-Walled Estate - Alpine, New Jersey @Lifestyle Production Group /

Listed In: 2010
Size: 30,000 square feet
Asking Price: $60 million*

Once you know the fairy-tale-like story of this mansion, it might be surprising to know that not only has it decayed in value, but it has also been on the market for decades. The house hasn't changed ownership since it was built, and the buyer has taken it on and off the market periodically.

Having said that, the Stone-Wall Mansion offers tons of amenities. It was originally built for Henry Clay Frick II, a steel magnate who founded what would later become US Steel'. The house has a wine cellar, eleven-car garage, home theater, and a stone wall surrounding the property. The house itself is 30,000 square feet.

The Frick Estate, as some have called, it is a place of timeless elegance. The home sits on sixty acres, and the list price has dropped consistently. The developer, Richard Kurtz, blames something far more mundane than ghost stories: the property taxes. Even at its current reduced $32.9 million price, those taxes will take a bite out of anyone's budget.

Golden Gate Glamour - San Francisco, California

Golden Gate Glamour - San Francisco, California 21
Golden Gate Glamour - San Francisco, California @Yoko /

Listed In: 2017
Size: 16,000 square feet
Asking Price: $29.5 million*

Located in San Francisco, California, this Golden Gate home is classic Old World glamour. This is a term that comes up a lot when talking about old homes in Los Angeles, San Francisco, and other major California cities. “Old World” means “Old Hollywood.” Architects seeking to emulate the “Old World” in their homes often use rich materials, tactile textures, intricate patterns, and artisanal ornaments to create the effect. The Golden Gate Glamour home is an example.

The home has been on the market for nearly two years. The palatial property measures 16,000 square feet and has eleven bathrooms, seven bedrooms, and elevator access to all of the rooms and the rooftop deck.

The San Francisco housing market is pretty robust. More than half of homes on the market sell within a month of being listed. The city is home to executives from hometown companies like Gap Inc', Uber, Levi-Strauss, and more, so it's amazing one of those millionaires hasn't scooped up the discounted property for $29.5 million.

Denise Richards' Mansion - Calabasas, CA

Denise Richards' Mansion - Calabasas, CA 22
Denise Richards House , @DailyMailCeleb,

Listed In: 2015
Size: 8,500square feet
Asking Price: $7.749 million

Denise Richards started out as an actress and model in 1989 and since then has had many ventures in her career earning her millions. Originally from Illinois, she moved to California with her family when she was just 15 years old and has been there ever since. She has lived in various mansions in different neighborhoods throughout California over the years, all quite luxurious.

Denise Richards is well known today for being a part of the tumultuous cast of women in The Real Housewives of Beverly Hills'. Her Mansion in Hidden Hills, California has been on the market for over 10 years as she moved to Beverly Hills to be closer to the filming of the show.

The stunning mansion was built in 1991 and is equipped with everything from a swimming pool, waterslide, wood-fired pizza oven, a gorgeous master bedroom, and more. It was even rumored that Angelina Jolie rented the house for a whopping $30,000 a month after filing for divorce from Brad Pitt in 2016.

Denise Richards - Personal Information
  • Name: Denise Richards
  • Gender: female
  • Age: 50
  • Height: 5'6" (1.68m)
  • Birthday: February 17th, 1971
  • Net Worth: $12,000,000
  • Nationality: us
  • Occupation: Actor, Model, Television Producer

SK Pierce Mansion - Gardner, Massachusetts

SK Pierce Mansion - Gardner, Massachusetts 23
SK Pierce Mansion - Gardner, Massachusetts @Shelly Kosloski /

Listed In: 2016
Size: 6,700 square feet
Asking Price: $329,000*

The SK Pierce Mansion, located in Gardner, Massachusetts, was built in 1875. The owner of the property was Sylvester Pierce, who made his money from the company he founded, the S.K. Pierce & Sons Furniture Company. The Victorian mansion measures 6,661 square feet, and it is known both locally and nationally for being “haunted.”

Even though the house hasn't sold, there is no denying its visitor appeal. It has a 4.8/5-star review on Facebook'from adventurers hoping to catch a glimpse of the paranormal (or, at least, to see a cool-looking house). The ghost adventurer community would no doubt be bummed out if the SK Pierce Mansion did sell and forever close off to the public.

The S.K. Pierce Mansion is the essence of haunted New England. The Gardner, Massachusetts three-story home is abandoned now, which is a shame, as it was a modern marvel when it was built. It had a cistern that caught rainwater, which it then supplied to the home's sinks. The basement also had a tunnel linking it to the front entrance of Pierce's factory across the street.

8 Mile Road Mansion - Northville, Michigan

8 Mile Road Mansion - Northville, Michigan 24
8 Mile Road Mansion - Northville, Michigan @Marilyn O'Neill /

Listed In: 2019
Size: 4,600 square feet
Asking Price: $9.9 million*

Detroit—particularly 8 Mile Road—is a unique slice of America where intense poverty and extreme wealth can often be found literally across the street from one another. One such luxurious property is the $9.9 million 8 Mile Road Mansion, which is 4,600 square feet. It is located on 4.55 acres of land, and it is somewhat of a hidden gem, requiring visitors to drive on a lengthy private road to get there.

The mansion is built in a Chateau style, with a grand spiral staircase and stone fireplace. If you travel further down 8 Mile Road, you can see the home where Aftermath'superstar rapper Eminem grew up and likely honed his earliest days as a performing artist.

Scenes from the poverty-laden region are seen in the movie 8 Mile, based on Eminem's life (and starring the rapper himself). In the movie, 8 Mile Road is seen as a dividing line that separates the haves from the have-nots. This mansion proves that some sections of 8 Mile are an exception to that rule.

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