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.

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.

The 1950s single-story house was unharmed by the recent wildfires.

Around seven months after it first hit the market for nearly $30 million and subsequently underwent a price chop, Gwyneth Paltrow’s longtime Los Angeles home in the Lower Mandeville Canyon area of Brentwood has sold to an unidentified buyer for $22 million.

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.