Richard Gere Sells Connecticut Home He Bought From Paul Simon for $10.75 Million—After Revealing Plans To Move to Spain

by Charlie Lankston

Richard Gere

Getty Images/Realtor.com

“Pretty Woman” star Richard Gere has sold the Connecticut estate he purchased from musician Paul Simon for $10.75 million, just a few months after he voiced his desire to leave the U.S. and pursue a life in Spain.

The 75-year-old actor bought the six-bedroom, 11-bathroom New Canaan, CT, home from the “Mrs. Robinson” crooner and his wife, Edie Brickell, in the summer of 2022 and had originally planned to turn a large portion of its expansive grounds into a farm, according to details shared during a local planning and zoning commission meeting in 2023.

But in April, those plans seemed to have been put on hold when Gere told Vanity Fair Spain that he wanted to relocate his entire family to the European country so that his Spanish-born wife, Alejandra Silva, could be closer to her family.

“It is a beautiful place, the food is extraordinary and the people exude sensitivity and generosity, as well as a strong will to laugh and enjoy,” he told the outlet. “I’m looking forward to going there.

“For Alejandra, it will be wonderful to be closer to her family, her lifelong friends and her culture. She was very generous in giving me six years living in my world, so it is only fair that I give her at least another six living in hers.

“I love Spain and the ability of the Spanish people to live transmitting joy and happiness.”

ZURICH, SWITZERLAND - OCTOBER 08: Alejandra Gere and Richard Gere attend the "Wisdom of Happiness" green carpet during the 20th Zurich Film Festival at Corso on October 08, 2024 in Zurich, Switzerland. (Photo by Andreas Rentz/Getty Images for ZFF)
Richard Gere has reportedly sold his New Canaan, CT, property for $10.75 million, months after revealing plans to relocate to Spain with his wife, Alejandra Silva, and their children.

Andreas Rentz/Getty Images for ZFF

Richard Gere
The actor purchased the home, which was previously owned by singer Paul Simon, in 2022 for $10.8 million.

Realtor.com

Richard Gere
The property boasts a main house and a guesthouse, as well as a whopping 11 bathrooms.

Realtor.com

Richard Gere
It includes 31 acres of land, much of which Gere had originally intended to use for a private farm.

Realtor.com

Richard Gere
The actor appears to have sold the property off-market so new listing photos are not available.

Realtor.com

Gere added that he believes the trans-Atlantic move will be a “great adventure” for the couple, as well as their two children, Alexander, 5, and James, 4.

Now, it appears that the on-screen star is making concrete preparations for the move, offloading his home in an off-market deal that was first reported by The New Canaan Advertiser.

According to the publication, the property has been purchased by an LLC that is registered to James Hoffman, founder of the real estate development company SBP Homes.

Although Gere did not officially list the home, its original description hailed the property as an “incomparable retreat” and a “personal oasis” with “spectacular grounds.”

The main house on the 31-acre property was originally built in 1938 by architect Harold R. Sleeper, and it features five bedrooms, as well as grand formal rooms, “soaring ceilings,” and beautiful natural light.

Richard Gere
The property is said to have been purchased by an LLC that is registered to James Hoffman, founder of the real estate development company SBP Homes.

Realtor.com

Richard Gere
The main house on the 31-acre property was originally built in 1938 by architect Harold R. Sleeper, and it features five bedrooms, as well as grand formal rooms, “soaring ceilings,” and beautiful natural light.

Realtor.com

Richard Gere
Unfortunately for the actor, he took a loss on the home when he made the decision to sell it himself, settling for a price that is $50,000 less than what he paid two years ago.

Realtor.com

Richard Gere
There are several sizable living spaces, ensuring ample room for a growing family.

Realtor.com

On the home’s grounds, there are landscaped gardens, acres of lush natural scenery, and a swimming pool with an area for sunbathing and relaxing.

There is also a separate, 1,500-square-foot guesthouse on the property that offers a “quintessential escape to be as creative and self-indulgent or as engaging and social as you wish,” the listing notes.

Gere bought the property from Simon via an LLC—scoring the home for a sizable discount. The property had first been listed by the singer-songwriter, who lived there with his spouse for 17 years, for a whopping $13.9 million; however, Gere paid just $10.8 million, records reveal.

Unfortunately for the actor, he took a loss on the home when he made the decision to sell it himself, settling for a price that is $50,000 less than what he paid two years ago.

According to his interview with Vanity Fair, the actor plans to keep at least one home in the U.S.—a property that he described as being located “in the countryside near New York,” although he did not specify where.

Images shared on Instagram by his wife over the summer saw her working in a vegetable garden at a property that she tagged as being in the New York area, explaining that the family had first started the project during the COVID-19 pandemic.

Richard Gere
On the home’s grounds, there are landscaped gardens, acres of lush natural scenery, and a swimming pool with an area for sunbathing and relaxing.

Realtor.com

Richard Gere
The guesthouse is described as offering “a “quintessential escape to be as creative and self-indulgent or as engaging and social as you wish.”

Realtor.com

Richard Gere
Simon lived in the property with his wife for 17 years before deciding to sell it.

Realtor.com

Richard Gere
It is not known whether the latest buyer has plans to renovate the home.

Realtor.com

“During the pandemic, we invested our time to create this incredible vegetable garden! We did it all together as a family!” she wrote.

On Oct. 27, she shared a beautiful image of some fall foliage to celebrate her “favorite season,” adding the hashtag #connecticut, although it is unclear whether the photo was an old image that she had chosen to upload.

Over the years, Gere has bought and sold numerous homes in the greater New York area, offloading a 50-acre Westchester estate for $28 million back in May 2022. TV-series runner Ryan Murphy was later revealed as the buyer.

Six years earlier, he had listed his Hamptons property, a picture-perfect home in Sag Harbor, NY, which was initially listed for $65 million.

Two years later, he wed Silva, and the pair have since welcomed two sons together. Gere also has an older son, Homer, now 24, from his marriage to second wife Carey Lowell, while Silva shares a son, Albert, 11, with her ex-spouse, Govind Friedland.

It is not known whether Albert will be making the move to Spain with his mother.

agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.