Troubled 'Deadwood' Creator David Milch Trying to Sell Martha's Vineyard Home

David Milch, the genius behind TV shows including "Deadwood" and "NYPD Blue," is having financial blues -- and is selling his Martha's Vineyard compound for $6,999,000.

The stunning waterfront property has been on the market for almost a year, and had its price slashed by $1 million in January.

The 70-year-old show runner has reportedly struggled with a gambling addiction that left him with $17 million in arrears to the IRS, despite making more than $100 million over his long and storied career, according to the Hollywood Reporter.

With most of that money gone, he and his wife, Rita S. Milch, sold their Brentwood, CA, home for $4.8 million in 2014, according to the magazine, and are looking to unload the exclusive Tisbury estate as well.

The island retreat dates back to 1880 and looks like the kind of place that's passed down through the generations. The 22-acre parcel comes with a five-bedroom, seven-bath main house of "classic Vineyard character."

Perhaps its best feature? It's set on 300 feet of private beach.

The Cape Cod-style vacation home with a weathered, shingled exterior and bright blue shutters has been fully renovated inside. There's also a four-bedroom guest house with "beachy decor" and an outside shower, plus a "romantic pond house."