He might be one of Hollywood’s most profitable actors, but even the biggest stars have to follow market conditions.
Matt Damon just reduced his Pacific Palisades mansion in Los Angeles by just more than US$3 million, having moved to Brooklyn Heights earlier this year.
But it seems like the reduction was just what somebody was waiting for, with an undisclosed buyer snapping up the stunning home just a few weeks after Damon lowered the price.
Damon’s former residence boasts seven bedrooms, 10 bathrooms, and nearly three-quarters of an acre of lushly landscaped grounds with mature trees, a koi pond, a children’s play area and a resort-style pool and spa.
Master-architect Grant Kirkpatrick of KAA Design has used warm woods, natural stone and lots of glass to produce an aesthetic of timeless beauty, while including artful details throughout the spacious mansion.
The home’s focal point is its central atrium with 10.5m vaulted mahogany ceilings that lets in tons of natural light.
Open floor plans and disappearing glass walls connect the sprawling living and entertaining areas.
A spectacular chef’s kitchen features custom mahogany cabinetry, Bluestone countertops, and top-of-the-line, stainless-steel appliances by Viking, Miele and Wolf.
The luscious master suite includes huge dual walk-in closets, a spa-style bath with a massage room, and opens onto its own private terrace with palm tree and garden views.
A game room, bar, office, gym, media room, staff quarters and wine storage and tasting room complete the stunning, gated estate.
The 1255sq m estate is situated on the same exclusive street as Damon’s favourite writing partner and friend, Ben Affleck.
Damon and Affleck won an Academy Award and a Golden Globe for Best Screenplay for Good Will Hunting.
As an actor, Damon took home a Golden Globe for his starring role in The Martian.
His most recent project is the upcoming The Last Duel, which was filmed in France and Ireland during the pandemic.
Damon found himself locked down for three months with director Ridley Scott and the rest of the film’s cast and crew in the small Irish town of Dalkey, about 45 minutes away from Dublin.
The actor loved it so much that he reportedly considered moving to Ireland. Instead, Damon and his family have taken up residence in their US$16.75 million Brooklyn Heights penthouse. At its time of sale, it was the most expensive piece of residential real estate ever sold in Brooklyn.
Located on the Pacific Coast between Santa Monica and Malibu, Pacific Palisades has become one of Los Angeles’ most sought-after neighborhoods for Hollywood’s power players.
Dan Aykroyd, Chevy Chase, Billy Crystal, Julia Louis-Dreyfus, John Goodman, Steven Spielberg, Kate Hudson and Diane Keaton are just a few of Damon’s former neighbours.
Private and serene, the Damon estate is moments away from the Getty Villa and Will Rogers State Beach and convenient to the world-class shopping, dining and entertainment available in Palisades Village, Brentwood, Santa Monica and The Riviera Country Club.