A month after being on the market -- with an initial asking price of $3,200,000 -- Mayor Gavin Newsom's penthouse condo at 1101 Green Street #2001 has plummeted in price. According to SocketSite, the asking price for his 1,693 square foot one-bedroom bachelor pad has been reduced to a mere $2,995,000.

Gav's Russian Hill penthouse is fully loaded too: full service doorman building, Art Deco building designed by architect Baumann, H.C., and views of the Bay and three (3!) bridges.

If you want to purchase a but of Newsom -- and why wouldn't you? -- go here.

Check out even more pictures of Gavin's gay pad.