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Expensive Mansions That No One Wants to Buy

Posted by Bill Rippel on February 12, 2023 - 1:18am


29. Joey Lawrence’s Mansion – Encino, California

On the Market Since: 2010
Total Area: 8,100 square feet 
Initial Value: $3.2 million*

Former Blossom actor Joey Lawrence bought a Spanish estate in Encino, California back nearly two decades ago, and he has remained trapped there ever since. He first listed the home for $3.2 million in 2010, but it didn’t sell. The home had six bedrooms and nine and a half bathrooms, along with multiple saunas, a movie theater, and a master suite.

Lawrence kept dropping the price down to $2.3 million. Though he purchased it for $1.2 million in 1994, a $900,000 price cut is a lot. He put it back on the market in 2016 for $2.249 million, hoping for a change in luck. Though Lawrence hasn’t had luck selling the place (yet), he won’t be taking a loss, even if he sells it at the current price. The Melissa and Joey star bought the place for a little under $2 million. 

Otto Knotzer thanks for sharing
February 12, 2023 at 6:18am