Gwyneth Paltrow has bid farewell to her Los Angeles mansion as it has officially sold for $22 million. It was initially being listed for $29.99 million in May 2024.

Gwyneth Paltrow has sold her Los Angeles home for $22 million, $8 million less than the original asking price. Photo: A. Barcelo/Beverly Hills Estates / MEGA

The sale was due to Paltrow's desire to downsize, her realtor told the Wall Street Journal, now that her (and singer Chris Martin's) children, Apple and Moses, are growing up and attending college at Vanderbilt and Brown, respectively.

Less than a month after the Los Angeles wildfires threatened to destroy it, Gwyneth Paltrow’s longtime home in Los Angeles’ Brentwood area has sold for $22 million. The home,

Paltrow’s Brentwood, California, abode, which was left unscathed by surrounding (and still ongoing) wildfires, first hit the market in May 2024 for $29.9 million. She lowered the price to $24.9 million in October before landing on its final list price. The buyer’s identity has not yet been revealed.

Gwyneth Paltrow’s 1950s house in the Lower Mandeville Canyon neighbourhood of Los Angeles has sold for $US22 million ($AU35.2 million) after seven months on the market. It’s substantially less than her original asking price of $US29,990,000 ($AU48 million).

Gwyneth Paltrow sold her Brentwood mansion for $22 million, significantly lower than her original asking price.