What will it take to sell Mel Gibson’s property?

Maybe we’ll have Mel around as a neighbor for quite some time.

His property in Guanacaste, which is once again on the market for $29,750,000, has been on the market off and on for at least seven years, according to a report from La Nación. The property was originally listed in 2010 for $35M, and realtors allegedly received six offers for the property; none prospered. It went up for sale once again in 2014 for $29.8M and once again failed to find a buyer.

What will it take to sell?

Sure, it’s nice. But it’ll take a special, money-laden soul to drop $30M on a remote jungle property in Costa Rica. Or perhaps a massive price drop to attract more buyers; after all, six offers in two years is pretty slow. Heck, maybe he’ll chop it up into 800 individual lots and create Melville, Guanacaste’s poshest town. Until one of these occurs, here are some ways the property can be used:

  1. Squatter camps. Perhaps hundreds or even thousands of squatters can take over to make sure things are looked after until the sale goes through. Then they can stay on as caretakers!
  2. Clandestine yoga. Lots of exploration points if you can sneak up to a yoga platform and do the downward dog in Mel’s shadow.
  3. Beachfront Braveheart re-enactions. How much better would the battle scenes look on a wave-swept tropical beach instead of the dreary Irish moors?

What do you think it will take to move this property? And who might buy it?

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1 Comment

  1. Wayne adams
    Wednesday August 9th, 2017 at 09:50 PM — Reply

    I spent 20 years in real estate with aCCIM designation and am retired
    I know where his place is and it would be a good idea for me to live there and look after it till it sells as a resident realtor.

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