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Mel Gibson's Passion of the Real Estate

With the sale this summer of his Malibu home, Mel Gibson is proving to be a shrewd player in the real-life version of Monopoly.


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The actor-director-producer sold his home on 155 feet of beachfront for nearly $30 million. He bought the 7,000-square-foot, Mediterranean-style estate in the fall of 2005 for $24 million.

The house, built in 1981, was remodeled shortly before Gibson purchased it. The home has six bedrooms, 10 bathrooms, a gym, a library, an office, an elevator, a lagoon pool, a cabana, a bar and a wine cellar.

The Malibu deal preceded Gibson's sale this month of his 28-room, Tudor-style mansion on 76 acres in Greenwich, Conn. The selling price of the 13-bedroom, 16,000-square-foot estate was reported by Bloomberg News as $39.5 million.

And in May, Gibson bought a 400-plus-acre agricultural and cattle ranch in Costa Rica for $25.8 million, according to La Nación, a Costa Rican publication.


[LAT]


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