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Price Chops Aplenty for Mel Gibson's Relisted Malibu Manse

After some less-than-politically-correct statements and the box office flop of his most recent flick, The Beaver, controversial film star Mel Gibson has relisted this Malibu property for $11.75M. Set on 2.56 acres, the six-bedroom Lavender Hill Farm was first listed for $14.5M in March 2010 and was most recently asking $12.75M with no takers. With no mention of Mr. Gibson or a "celebrity owner," the listing cites the estate's many virtues: 5,500 square feet, flood-lit tennis court, media room, gym, three guest houses, and a "a 2 story entertainment pavilion with built-in BBQ, fireplace and kitchen." Gibson might not be able to find much work lately, but will he find a buyer for his palatial pad?
· 23333 Palm Canyon Ln [Zillow]
· Mel Gibson Re-Lists Malibu Property for a Million Less [Zillow Blog]