Gibson Sells Off Connecticut Estate

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July 1, 2010 | 11:40am EST

Mel Gibson has made a massive $14.7 million profit on the sale of his sprawling Connecticut estate.
The actor bought the property in Greenwich for $9.3 million in 1994 while he was married to now-estranged wife Robyn.

The Tudor-style mansion, which boasts a five-horse stable, a log cabin and a swimming pool, has been on the market since 2007, a year after Gibson separated from his wife, and it has now been sold for $24 million.

The final figure is $15.5 million (£10.3 million) less than the original asking price of $39.5 million, but still makes Gibson a multi-million dollar profit on his original investment, according to