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Mel Gibson Still Seeks Buyer for Malibu Estate

More than a year later, Mel Gibson is still looking for a buyer for his $11,750,000 Malibu estate. Being a Hollywood big-wig doesn’t make Mel immune to the tough conditions that have plagued much of America’s housing market over the last few years. Malibu’s market is faring relatively well, compared to the rest of America, but Mel still still couldn’t find a quick buyer for his compound in Malibu’s guard gated, desirable Serra retreat.

Described as “an amazing ‘Old World’ Hacienda, Mel’s home is on approximately 3.45 landscaped acres. Originally built by an award-winning composer, this fabulous compound includes a main residence, pool, spa, tennis court with lights, a separate media room, separate gym, a 2-story entertainment pavilion (complete with built-in BBQ, fireplace and kitchen), 3 guest houses, fruit orchards, sprawling lawns, 2 offices and numerous patios and fountains throughout. The main hacienda boasts 6 bedrooms 5.5 bathrooms,  hardwood and stone floors and unbelievable hand-painted details throughout. The private upstairs master suite includes a sitting room with fireplace, 2 walk-in closets and a beautifully tiled master bath with sauna and steam room. Each of the three guest houses is self-contained and perfect for large families or entertaining groups of guests. The mature landscaping includes magnificent pepper, oak and avocado trees, as well as lush, sprawling lawns.

A prolific real estate collector, public records show that Gibson also currently owns three additional estates along the coast in Malibu.