Trust linked to Richard Gere buys CT house from Paul Simon

There goes the rhyming song Simon sells his house to a celebrity.

Last month, singer-songwriters Paul Simon and Edie Brickell sold their New Canaan estate for $10.8 million, a loss of about $5.7 million since the couple bought the house in 2002.

On Thursday, luxury real estate news website The Dirt reported that a trust associated with “Pretty Woman” actor Richard Gere was the purchaser of the estate that previously belonged to Simon and Brickwell.

An analysis of New Canaan’s property records shows that the sale of the home on July 1 was made by Kensho Trust for the sale of $10.8 million. Kensho Trust is linked to Gere’s Westchester County property records for his Pound Ridge home, which he sold for $24.15 million earlier this year. According to Zillow, the sale of the Pound Ridge home was completed two days before the sale of Simon’s New Canaan home.

The New Canaan home was listed by Taylor Tait and Libby Mattson of Houlihan Lawrence, and on the William Pitt Sotheby’s Realty website it shows as sold by one of their agents, Bruce Baker, who represented Gere, according to The Dirt. Baker was not immediately available for comment.

The Simon and Brickwell home first came on the market in 2019 for $13.9 million and was taken off the market the following year. The home was relisted in November 2020 for $11.9 million and was later increased to $12 million in March 2021. The home eventually sold at a loss 16 months later, Zillow said.

According to the home’s website, the main residence was built in 1938 by architect Harold R. Sleeper and has five bedrooms with “historic details” throughout, including fireplaces and handmade millwork. There is also a three-bedroom, two-bathroom gardener’s cottage that provides an additional 1,483 square feet of living space, as well as a private driveway and garage.

The estate comprises 31 hectares of land with a swimming pool and several gardens. In total, the home offers 8,811 square feet of living space and is listed 45 miles from New York City.

As for Gere’s recently sold Pound Ridge estate, he purchased the eight-bedroom, nine-and-a-half-bathroom estate in January 1986 for $1.5 million, according to data. The Lyndel Road home has 11,658 square feet of living space, which Mansion Global notes includes stables, a private lake, swimming pool and soccer field. The house sits on nearly 50 acres of land with five buildings, according to the listing, and is 4,300 acres of protected land.

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