On the Market Since: 2010
Total Area: 3,334 square feet
Initial Value: $3.695 million*

Actress Penelope Cruz had quite a struggle selling her four-bathroom, three-bedroom mansion in the Hollywood Hills. She and her husband, actor Javier Bardem, put the property on the market in 2010 for $3.695 million. One year later, the pair cut the price to $3.1 million. Finally, in 2012, the mansion sold for $2.88 million.

This was $250,000 less than Cruz initially paid for the pad. The house had beautiful features, such as carved wooden doors, a private courtyard, French doors, floor-to-ceiling windows, bamboo floors, a gourmet kitchen, and more. One major downside: the property taxes on the Hollywood Hills estate cost $42,877 per year.