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Gwyneth Paltrow sells ‘timeless’ LA mansion for $35.7m after huge discount

Gwyneth Paltrow has finally sold her LA mansion after it was on the market for eight months. See how much she got.

Gwyneth Paltrow has finally sold her LA mansion after being on the market for 8 months. (Photo by Theo Wargo/WireImage)
Gwyneth Paltrow has finally sold her LA mansion after being on the market for 8 months. (Photo by Theo Wargo/WireImage)

Actress and lifestyle guru Gwyneth Paltrow has finally sold her elegant LA mansion for $35.7 million ($US22 million) — eight months after putting it on the market for $45 million.

According to Realtor, Paltrow, originally purchased the property with her former spouse, Chris Martin, for around $A16.1 million ($US9.95 million) back in 2012, less than two years before the duo “consciously uncoupled” and ended their marriage.

The Goop founder held onto the picture-perfect, eight-bedroom, 11-bathroom abode following their divorce and retained the home even after she married her second husband, Brad Falchuk, in 2018.

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But now, Paltrow has finally opted to part ways with the property, with the Wall Street Journal reporting that she made the decision for a number of reasons — including her new status as an empty nester.

The Oscar winner’s youngest child, Moses, graduated from high school in May 2024, and soon after began attending Brown University, while her daughter, Apple, is currently in her junior year at Vanderbilt University.

Gwyneth Paltrow has sold her Brentwood mansion for $22 millions, eight months after putting it on the market for close to $30 million. (Picture: Realtor.com)
Gwyneth Paltrow has sold her Brentwood mansion for $22 millions, eight months after putting it on the market for close to $30 million. (Picture: Realtor.com)
Paltrow bought the eight-bedroom, 11-bathroom abode while she was married to Coldplay frontman, Chris Martin. (Picture: Realtor.com)
Paltrow bought the eight-bedroom, 11-bathroom abode while she was married to Coldplay frontman, Chris Martin. (Picture: Realtor.com)
After she and Martin “consciously uncoupled” in 2014, Paltrow held on to the property. (Picture: Realtor.com)
After she and Martin “consciously uncoupled” in 2014, Paltrow held on to the property. (Picture: Realtor.com)

The home where Paltrow raised her children was built in the 1950s and was completely renovated by its previous owner in 2009 — before the actor moved in and added her own stunning design touches.

Highlights include reclaimed wood floors, patterned stonework, and open living spaces. The living room opens through French doors to a verdant backyard.

The Instagram-ready chef’s kitchen comes with double cooktops, double ranges, and a wood-burning oven. The centre island looks over a breakfast nook.

Other highlights include a family room with floor-to-ceiling bookshelves and a “romantic” primary wing with two bathrooms.

The estate includes a newly built, one-bedroom guesthouse that boasts a “grand entertainment area” with pocket doors to expand the living space outside.

High-end amenities include a wine cellar, estate manager’s office, gym, and game room that connects to a home theatre. An apartment over the garage offers more living quarters for staff or guests.

As one would expect from such a wellness warrior like Paltrow, the home is equipped with “ultrapure” drinking water and air filtration systems.

The property did come under threat from the recent California wildfires, however it remained unscathed.

Paltrow chose to sell the property for two main reasons: both of her kids, Apple and Moses, have flown the nest, and she now has a newly-built home in Montecito, California. (Picture: Instagram/Gwyneth Paltrow)
Paltrow chose to sell the property for two main reasons: both of her kids, Apple and Moses, have flown the nest, and she now has a newly-built home in Montecito, California. (Picture: Instagram/Gwyneth Paltrow)
The wellness guru’s Brentwood home was purchased by an unknown buyer. (Picture: Realtor.com)
The wellness guru’s Brentwood home was purchased by an unknown buyer. (Picture: Realtor.com)
The deal officially closed on Jan. 27, according to property records. (Picture: Realtor.com)
The deal officially closed on Jan. 27, according to property records. (Picture: Realtor.com)
The original listing called attention to the home’s “open, airy living spaces.” (Picture: Realtor.com)
The original listing called attention to the home’s “open, airy living spaces.” (Picture: Realtor.com)

It was put under contract before the blazes broke out, according to the WSJ.

As for Paltrow, she has a new nest in which to begin the next chapter of her life: a stunning custom-built Montecito mansion that was only recently completed.

The “Shakespeare in Love” star opened up about that home while showcasing its beautiful design in a 2022 Architectural Digest shoot, explaining at the time that she had formed a love of the area while spending two semesters studying at UC Santa Barbara.

“I’ve always gravitated toward Santa Barbara. Even when I was living in London, we’d take the kids there for holidays. It was our sweet gem of an escape in the US,” she explained.

Paltrow began scouting for homes in the area in 2015, just one year after she split from Coldplay frontman Martin, and found a “teardown with tons of potential,” which she quickly “fell in love with.”

“It was like ‘Grey Gardens,’” she said. “There were wild animals living there and swarms of bugs, but I fell in love with the land and the views.”

According to records, Paltrow and Falchuk paid $8 million ($US4.9 million) for the property in 2016 and quickly proceeded to raze the existing home to the ground, making way for a sprawling “eco-friendly mansion” that took around seven years to complete.

The actor worked with Robin Standefer and Stephen Alesch of Roman and Williams on the design of the property, having previously enlisted the duo to outfit her New York City apartment as well as Goop’s first-ever pop-up shop.

Paltrow described the aesthetic of her home as “a Parisian apartment set within an old European barn” in her AD interview; however, she also called attention to the many environmentally friendly aspects of its design, including its solar power system and its greywater system.

This story first appeared in Realtor and was republished with permission.

Original URL: https://www.news.com.au/finance/real-estate/gwyneth-paltrow-sells-timeless-la-mansion-for-357m-after-huge-discount/news-story/27d3dec99d5ec8a0657190285ab03642