Gwyneth Paltrow puts her sprawling LA mansion up for sale for $29.99M

Gwyneth Paltrow is downsizing after becoming an empty nester. The Talented Mr. Ripley star, 51, has put her 8,000 sq. Los Angeles mansion up for sale, as her son Moses, 18, heads off to college, after graduating high school last month. The Oscar-winner is selling her home — which features a guest house complete with a movie theater and wine cellar — in LA's Brentwood neighborhood for $29.99 million, as per the Wall Street Journal.

The actress purchased the home with her ex-husband, Coldplay frontman Chris Martin , 47, in 2012 for $9.95 million. The former pair share son Moses as well as daughter Apple, 20, together. The duo were married for nearly ten years from 2003 to 2014. Following their 'conscious uncoupling' Paltrow went on to marry Brad Falchuk in 2018, and he and his two kids also moved into the property, according to listing agent Lea Porter.

Porter added that the star is selling the house in order to downsize, as her kids are getting older. The house, built in 1950 and renovated in 2009, is situated on two-thirds of an acre in Mandeville Canyon. The property had a total of eight bedrooms and 11 bathrooms, including the one-bedroom apartment above the house's garage.

It offers plenty of privacy, with Porter stating, 'The privacy factor is huge.' Inspired by classic California architecture, the home's gray brick exterior exudes a timeless charm, further enhanced by the lush green front yard. The front hallway has a black-and-white tiled floor and French doors. It leads into the living room, which is ideal for hosting, with a wood-burning fireplace, a bar, endless seating space and white panel walls.

The kitchen is every chef's dream, featuring high ceilings, floor-to-ceiling windows, black tile floors and a massive island. The backyard boasts a deep plunge pool and a guest house with a temperature-controlled wine cellar, a gym, a game room, an office, and a movie theater. The listing states that the property is high-tech, and features a sediment and carbon block filtration and alkaline for its drinking water systems.

The GOOP founder is selling the house following the completion of her new property in Montecito, California — which is also home to other famous residents like Prince Harry and Meghan Markle , as well as Oprah Winfrey. She also owns a home in Amagansett, New York. Paltrow and Falchuk are planning to split their time between Montecito, New York and potentially a third home in Los Angeles, according to Porter.

Moses, Gwyneth's youngest child, is headed off to Brown University in Rhode Island, and was recently cheered on by both his parents who reunited for his high school graduation in May. The graduation came weeks after Gwyneth admitted to her mounting anxiety over the prospect of becoming an empty nester. 'It’s kind of giving me a nervous breakdown, if I’m honest,' she confessed at an event for her wellness brand Goop, according to The Hollywood Reporter.

'I started being like: "Oh my God, and I need to quit my job and I need to sell my house and I need to move." It’s sort of putting things into turmoil,' she said. 'My identity has been being a mother. Apple's going to be 20 in May. So I’ve oriented my whole life around them and their schedules and when school starts.' She explained: 'You start to let go in increments when they’re driving themselves around or doing certain things. It is a slower process.'

Gwyneth added: 'I feel really lucky because I have a close group of mom friends and we all raised our kids alongside one another. So we’re kind of in it together.' In March, Gwyneth shared that her husband Brad's son, Brody, was leaving for college as well, in an interview with The Sunday Times. 'Brad [Falchuk] and I have boys that will be going off to university. It'll be interesting to see how the morning routine changes with no kids in the house.'

As for how she feels about them leaving, she shared, 'On the one hand, incredible sadness. A deep sense of impending grief. On the other hand, this is exactly what should be happening. Your kids are supposed to be, you know, young adults who can achieve and cope and make connections and be resilient. That's exactly what you want. And that means they leave the house.'

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