Brad Pitt has owned his Los Feliz mansion longer than either of his marriages, but he’s finally looking to sell the property. According to reports, the actor quietly listed the estate for a whopping $40 million earlier this month.
The Babylon star originally purchased the property in 1994 from Elvira alum Cassandra Peterson. He then spent $1.7 million.
Brad has made several upgrades to the property in his nearly 30 years of ownership. The actor bought several adjacent properties to expand the estate, which now houses a variety of outdoor amenities, including a swimming pool, tennis court and ice skating rink.
In total, the estate boasts nearly 2 acres of land and over 6,690 square feet of living space.
Speak against PEOPLE, one source said Brad’s reason for selling is simple: he wants to downsize. “[He’s] looking for something smaller,” the insider explained, adding that he wants a residence in the Los Angeles area.
The Los Feliz property was reportedly the full-time home for Brad and his then-wife Angelina Jolie as they raised their six children.
The couple separated after Angelina filed for divorce in 2016 following a dispute on a private jet. However, their divorce was only finalized in 2019. To this day, the exes continue to fight over custody and division of their assets (mainly the French winery in which they previously owned shares together).
Brad may be saying goodbye to one of his most luxurious homes, but he has several other properties to his credit.
Just last year, the Inglorious bastards alum put down $40 million on a Carmel Highlands property. The ocean view estate was originally built in 1997 but has undergone a series of upgrades over the years.
Brad has never been shy about his love of architecture and design. Not only did he collaborate exclusively with furniture designer Frank Pollaro in 2012, but more recently lent his voice to a 2020 documentary about the life and achievements of Frank Lloyd Wright.
“I love that architecture is this huge work of art that you can be inside,” Brad once said during an interview with Oprah Winfrey. “I believe it lifts your soul and influences your mindset.”
With a passion for all things home furnishings, Brad’s next home is likely to be stunning, no matter where he decides to put his roots.
NEXT: Dr. Dre likely to upgrade after selling $6 million Calabasas Home
Sources: PEOPLE, E! News,
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