Reese Witherspoon sells $17M California mansion
'Little Fires Everywhere' star showed off home on Instagram
DeBianchi Real Estate founder Sam DeBianchi discusses the housing market and says the coronavirus pandemic won't automatically cause city residents to move to the suburbs.
Reese Witherspoon recently sold her Los Angeles home for $17 million in a cash deal.
The “Little Fires Everywhere” star and husband, Jim Toth, quietly sold their home in the ritzy Pacific Palisades neighborhood to AutoZone heiress Robin Formanek, Dirt reported.
Reese Witherspoon recently sold this Pacific Palisades home. (Google Maps)
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Witherspoon bought the under-construction property in 2014 for $12.7 million, records show. She reportedly tried to sell it for closer to $20 million in 2016 but didn’t find a buyer.
The 10,300-square-foot home includes five bedrooms and seven bathrooms, according to county property records. There’s a large backyard with a pool, but few other details about the home are available as it’s never been publicly listed since it was built in 2014.
However, Witherspoon’s social media posts offer some looks inside, as Realtor.com reported.
One Instagram post shows off the modern kitchen, with subway tile backsplash, white marble countertops and a chef’s stove/oven.
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Large built-in bookshelves and wide-beam hardwood floors appear in another post.
Other posts show what appears to be parts of a sizeable walk-in dressing room and master bath or vanity.
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Of course, the sale doesn’t mean that Witherspoon’s Hollywood days are behind her. She reportedly purchased another home in Malibu last year.