Mega-Mansions at Huge Discounts

Updated

While the luxury home market is weathering the housing slump better than others, many mega-mansions -- the sort that are priced at $10 million and up -- still struggle to discover their true market value. Listed at staggering prices to begin with and perhaps owned by peripatetic captains of industry with shifting fortunes, the combination can lead to mind-boggling price cuts.

We've scoured our listings of luxury properties for some dramatic examples of this phenomenon. Click through our gallery below to view some of the most tantalizing ones:

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