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Friday, July 2, 2010

Mel Gibson Sells Connecticut Estate

Mel Gibson has sold his 75-acre estate in Greenwich, Connecticut, for $24 million. The property, known as Old Mill Farm, had been on the market since 2007, when it was listed for $39.5 million. It had recently been advertised for $29.7 million. The estate was bought by Cosette Property LLC. It includes a 16,000-square-foot Tudor-style mansion that was built in 1926 for financier George Lewis Ohstrom. It also has a five-horse stable, log cabin, 60-foot swimming pool and a stream-fed pond. Gibson bought the property for $9.3 million in 1994.

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