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Gwyneth Paltrow’s $22M Mansion Sale Shocks Fans Amid Life Shake-Up

BBG News

Gwyneth Paltrow has sold her Los Angeles mansion after becoming an empty nester. 

52-year-old actress who played in The Talented Mr. Ripley has listed her extravagant 8,000 square foot house for sale at a starting price of $29.99 million. However, she later reduced the asking price to $24.9 million in October.

After another reduction in price, the property was ultimately purchased for $22 million, according to The Wall Street Journal.

In May of 2024, she put their family home up for sale, with her eldest child, Moses, age 18, preparing to leave for college following his high school graduation.

The previous residence of the Academy Award winner boasted a guest house equipped with a cinema and wine vault, nestled within Los Angeles’ Brentwood district.

In 2012, the actress co-bought a house, valued at $9.95 million, with her then-husband, Chris Martin, who is the lead singer of Coldplay, for a total of $9.95 million. Apart from Moses, they also have a daughter named Apple, who is now 20 years old, together.

The couple had been married for approximately ten years, starting from 2003 up until 2014. After their ‘mindful separation’, Paltrow later tied the knot with Brad Falchuk in 2018. As per the real estate agent Lea Porter, both Paltrow and her two children also began living in that particular property afterwards.

As a lifestyle enthusiast, I’d like to share an interesting piece of news: The celebrated figure is opting to sell their residence, aiming for a more compact living space as their children grow and spread their wings.

1950 saw the construction of the house, which underwent a renovation in 2009. It stands on approximately two-thirds of an acre within Mandeville Canyon.

The building encompassed a grand total of eight bedrooms and eleven bathrooms, with a one-bedroom flat located above its attached garage as well.

It offers plenty of privacy, with Porter stating, ‘The privacy factor is huge.’

Drawing inspiration from traditional Californian architecture, the house boasts a gray-toned brick facade that radiates an enduring elegance, complemented by a verdant front garden.

The entrance hall boasts a stylish black-and-white tiled floor and large French doors. This area seamlessly transitions into the spacious living room, perfect for entertaining, featuring a cozy fireplace, a bar, ample seating areas, and pristine white paneled walls.

In my fervent enthusiasm, let me share that every culinary artist’s heart yearns for a kitchen of dreams. This paradise boasts soaring ceilings, expansive floor-to-ceiling windows, sleek black tiled floors, and an impressive central island.

The yard features a large diving pool and a guest cottage that includes a climate-regulated wine storage area, fitness center, games room, workspace, and cinema.

According to the record, this property boasts advanced technology and includes a dual filtration system (sediment and carbon block) for purifying its drinking water, as well as an alkaline feature.

Gwyneth Paltrow, the creator of Goop, has decided to put her house up for sale after she finishes building a new home in Montecito, California. This area is known to host other prominent figures such as Prince Harry and Meghan Markle, along with Oprah Winfrey.

She also owns a home in Amagansett, New York. 

According to reports by Porter, Paltrow and Falchuk intend to divide their time among Montecito, New York, and possibly a new residence in Los Angeles.

Moses, the youngest child of Gwyneth, will soon be attending Brown University, located in Rhode Island. Both of his parents gathered together for the occasion of his high school graduation in May, and they proudly cheered him on.

The graduation occurred several weeks following when Gwyneth confessed about her growing concern and apprehension regarding the approaching phase of being an empty nester.

At a gathering for my beloved wellness brand, Goop, I was completely upfront and admitted that it’s pushing me to the brink – quite literally giving me a touch of nervous exhaustion. (This quote is based on The Hollywood Reporter’s report.)

She exclaimed something like, “Wow, I really feel I must leave my job, sell my home, and relocate. All this is causing quite a stir,” she admitted.

My role in life is that of a mother, and this May, Apple will turn 20. Consequently, I have structured my entire life around them and their routines, as well as the school calendar.

She clarified: “You gradually release control when they’re managing tasks on their own or certain activities. This process tends to be more gradual.

Gwyneth remarked, “I consider myself incredibly fortunate since I’ve built a tight-knit circle of mother friends. We’ve grown up our children almost simultaneously, so we’re essentially navigating this journey together.

In March, it was revealed that Brody, Gwyneth’s stepson with husband Brad, had moved on to college, during a conversation with The Sunday Times.

As a die-hard fan, I can hardly contain my excitement! Brad Falchuk and I are about to embark on a new chapter as our sons prepare for college. I can’t help but wonder what our mornings will look like without the hustle and bustle of little ones around. The silence might just be deafening, but it’ll undoubtedly offer a fresh start for us both!

Regarding her feelings about them departing, she expressed, “I feel both profound sadness and a foreboding sense of loss, but at the same time, it seems right that this change is taking place.

‘You desire your kids to grow into independent young adults who can excel, adapt, form connections, and be resilient. That’s the goal, and it means they will eventually move out on their own.’

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2025-01-28 08:06

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