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British Open champion Phil Mickelson and his wife, Amy, just dropped the price on their Mediterranean mansion in Rancho Santa Fe, Calif., by $100,000 to $6.95 million—$5 million less than they first asked in 2008. The five-bedroom, 9,500-square-foot home on a 4.88-acre bluff enjoys sweeping views of the San Diego area, a swimming pool, outdoor kitchen, and putting green, as well as many other luxuries like a steam room, gym, and safe room. The master bedroom features a fireplace, sitting area, and an enormous bathroom with a fish-tank shower decorated in handmade mosaic tile. The couple bought the home in 2001 for $6 million. Maybe Mickelson is finally making good on his threat to leave California because of the high state taxes.

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