These Celebs Brought These Mansions for Crazy Prices, & Now They're Worth Nothing

Sometimes, celebs do things that are so unrelatable that they seem quite bizarre. Spending a fortune on a house would definitely qualify. It isn't uncommon for ordinary people to roll their eyes when they hear what the newest hot celeb spent on their home. If you've got it, flaunt it, we suppose. However, so often, those ridiculously priced mansions don't keep their value. Instead, their worth plummets.

Imagine having a home that includes a garage oversized enough to park 17 cars and your own private dock. Well, that's what Shaquille has had on the market since 2018. Initially, the property wasn't as vast and luxurious, costing Shaquille only $4 million in 1993. Over the years, Shaquille decided that bigger is better, and his home expanded to epic proportions. These days, the home is worth a jaw-dropping $28 million! Sadly, that is the kind of cash that people don't just throw around, so the home hasn't been sold yet.

Rachel Ray has enjoyed great success with her career as a celebrity chef. While she can inspire others to try their hand at cooking, she wasn't as inspiring when it came to selling her mansion in Southampton. The star listed her 3,000-square-foot property for $4.5 million in 2017. While the property is beautiful, luxurious, and private, it is still just a three-bedroom, so we aren't really shocked that it didn't sell. In 2020, the star lowered the price to $3.25 million, and she finally got a buyer.

Mel Gibson is one of the world's best-known actors, and he has enjoyed a very successful career that has spanned over decades. However, the actor didn't enjoy the same success when it came to selling his Malibu estate. In fact, the home has been listed for more than a decade. In 2010, Mel listed the 6,500 square foot estate for the first time, asking $14.5 million. Three years later, he had dropped his price by more than $3 million. While the home is absolutely gorgeous, there hasn't been much interest. Experts are of the opinion that the area's high property taxes are a big turn-off.

Most New Yorkers dream of having an apartment in Central Park, but Antonio Bandera is most likely not one of them. The star has been trying to get rid of his apartment since 2018. After this separation from his former wife, Melanie Griffith, Banderas offered Griffith $4.4 million for the apartment. Initially, the star listed the apartment at $7.45 million, but there was no interest. It's likely that New Yorkers feel that the price is not justified for an apartment in such an iconic location.