Angelina Jolie Puts $24.5 Million Home on the Market!: Here’s What’s Happening!

Angelina Jolie is reportedly planning to sell her historic Los Angeles estate, which she purchased for $24.5 million in 2017. The two-acre property in Los Feliz, originally built in 1913, boasts six bedrooms, ten bathrooms, a wine cellar, and formal gardens. Once owned by legendary filmmaker Cecil B. DeMille, the home has served as Jolie’s family residence for several years. Her decision to sell marks a major life change as she prepares to explore new opportunities abroad once her children are grown.
Jolie originally chose the Los Feliz estate to remain close to her children’s father, Brad Pitt, who lived just five minutes away. She and her six children—Maddox, Pax, Zahara, Shiloh, Knox, and Vivienne—spent much of the pandemic quarantined at the property. Jolie has described the home’s quiet paths and reflective spaces as a sanctuary for her family. With her divorce from Pitt finalized and her youngest children turning 18 next year, she is now free to pursue her long-held dream of living outside the United States.
In contrast to Jolie’s plans to sell, another famous Hollywood residence recently faced a different fate. Richard Gere’s former estate in New Canaan, Connecticut, was demolished to make way for a nine-lot subdivision. The 1938 Colonial home, originally purchased from singer Paul Simon, had been sold to a developer for $10.75 million. The demolition drew mixed reactions online, with many expressing regret over the loss of a historic property.
Before the house was torn down, a salvage company worked to preserve key architectural features. Items like nautical bay windows, stone mantels, and an oak-paneled library were removed and offered to buyers interested in their craftsmanship. Reggie Young, founder of the salvage company, lamented the loss, saying, “It’s a real shame the house is being torn down. Once the stuff is gone, it’s never coming back,” highlighting the irreplaceable value of these historic elements.
Gere had originally intended to turn the property into a farm but decided to sell after relocating to Spain with his wife, Alejandra Silva. The developer’s plan to build a large subdivision drew criticism from preservationists and the public, who felt it prioritized profit over history. Together, the stories of Jolie’s and Gere’s estates underscore how celebrity properties evolve, reflecting personal decisions and broader real estate trends that can dramatically alter historic homes.