For a little while, frequently bare-chested romantic comedy star Matthew McConaughey has been living the real estate-less life in California. McConaughey sold off his three-lot Hollywood Hills compound toward the end of 2006 and then was spending most of his time in a couple of Airstream trailers in Malibu. He also still owns a 1.600-acre ranch in Texas. But last fall, McConaughey, who recently announced that his model girlfriend Camilla Alves is pregnant with their child, purchased a $10 million property in Malibu. The property is a little over an acre and includes a four-bedroom home that was built in 1949. When the sale was announced in November, Big Time Listings mentioned
that the 3,550-square-foot home has had some celebrity owners in the past such as Richard Page, the lead singer of the 1980s band Mr. Mister (which had the popular songs 'Broken Wings' and 'Kyrie') who sold the house in 1996 to its most recent owner for $1,260,000. As TMZ shows in a video on their website
construction has begun on the home, expanding the home which is located on a deep lot just a few houses away from the ocean.
Matthew McConaughey is far from the first celebrity to spend a lot of money on a home that needs a lot of work or may even be a tear down. Our gallery below includes a few more examples of recently multi-million dollar purchases bought for the land more than the home.