Celebrity HomesINTERNATIONAL

Brad Pitt buys a historic $40 million Carmel estate

Actor Brad Pitt has set an area record with his US$40 million purchase of a century-old estate in Californiaโ€™s unincorporated Carmel Highlands community.

According to Dirt, the famous property was originally built for wealthy Kansas City businessman D L James by renowned architect Charles Sumner Greene.

The home itself took five years to complete, and renovations continued for decades afterwards.

The property now resembles a medieval castle, with elaborate stonework throughout and an intricate layout of rooms with turret-like windows. 

Situated on top of a steep and rocky bluff on the ocean side of Californiaโ€™s famously scenic Highway 1, the structure is also considered somewhat of an engineering marvel.

Pitt purchased the property in an off-market transaction, from Chicago-based options trader Joe Ritchie and his wife Sharon, who had acquired the property from the son of D L James in 1988 for US$4.5 million, before undertaking substantial upgrades.

The exact details of the 2.5-acre property remain vague, however, itโ€™s believed the house measures about 280sq m, though it appears larger from some angles. 

There is a service wing for live-in help and a basement-level library on the property.

Despite being situated on the beach, ocean access from the house is tricky because of a nearly sheer cliff, with the previous owners seeking approval to build a tunnel to the beach.

From the highway, the only portion of the property visible is a big wooden gate set into a stone arch, with the house set privately on the cliff far below.

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Rowan Crosby

Rowan Crosby is a senior journalist at Elite Agent specialising in finance and real estate.