Mel Gibson sells 75-acre Conn. estate for $24M

The Associated Press, Thursday, July 1, 2010, 4:55am (PDT)

GREENWICH, Conn. (AP) -- Actor Mel Gibson has sold his 75-acre estate in Greenwich, Conn., for $24 million.

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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.

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According to town property records, 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.

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Gibson bought the property for $9.3 million in 1994, when he was married to wife Robyn. Gibson recently split from girlfriend Oksana Grigorieva, with whom he has a 7-month-old daughter.