Richard Gere scores buyer for $28M 50-acre New York estate

Real Estate

Richard Gere is officially unloading his longtime home.

The leading man has scored a buyer to his 50-acre upstate New York property seven months after it first hit the market.

Initially listing the Pound Ridge estate for $28 million in October, the home went into contract on Wednesday, according to Mansion Global.

Gere, 72, purchased the land for $1.51 million back in 1986. And as of Thursday, the spread is in contract.

“One of the great American family compounds one hour to New York City,” the previous listing stated. “This magical country compound, expertly meshed into the landscape, comprises nearly 50 acres all buffered from the outside world by over 4,300 acres of protected land to create a peaceful and playful refuge with natural beauty at its core.”

The property spans 50 acres.
The property spans 50 acres.
Ginnel Real Estate
The formal living room.
The formal living room.
Ginnel Real Estate
The sun room.
The sun room.
Ginnel Real Estate
The expansive kitchen.
The expansive kitchen.
Ginnel Real Estate
A breakfast room.
A breakfast room.
Ginnel Real Estate
The primary bedroom.
The primary bedroom.
Ginnel Real Estate
The primary ensuite bathroom.
The primary ensuite bathroom.
Ginnel Real Estate

Amenities include a private lake with a sandy beach and an island to row out to, rolling hills for horseback riding, a hidden soccer field surrounded by weeping willow trees and gardens.

The estate also boasts five structures including horse stables, a pool house, and guest house.

The main residence has eight bedrooms and 11 bathrooms, spanning over 11,600 square feet.

Muffin Dowdle with Ginnel Real Estate held the listing.

The pottery and arts room.
The pottery and arts room.
Ginnel Real Estate
The music room.
The music room.
Ginnel Real Estate
The pool house.
The pool house.
Ginnel Real Estate
The pool.
The pool.
Ginnel Real Estate
The horse ranch.
The horse ranch.
Ginnel Real Estate
A private lake.
A private lake.
Ginnel Real Estate
A soccer field.
A soccer field.
Ginnel Real Estate

The move to sell the Pound Ridge residence Gere called home for 35 years comes after he purchased a $10 million, seven-bedroom estate in North Salem in January.

Gere snagged himself a deal, as it listed for $12.8 million.

After buying the property, he dropped another $700,000 on a vacant neighboring parcel, which expanded the property to 35 acres.

The location is a bit farther from Manhattan — about an hour and half.

The property spans 35 acres.
Richard Gere’s new property spans 35 acres.
Courtesy of Houlihan Lawrence
The home spans 9,000 square feet.
The home spans 9,000 square feet.
Courtesy of Houlihan Lawrence
A formal living room.
A formal living room.
Courtesy of Houlihan Lawrence
The kitchen.
The kitchen.
Courtesy of Houlihan Lawrence
The pool comes with a pool house.
The pool comes with a pool house.
Courtesy of Houlihan Lawrence

Gere married Spanish publicist and political activist Alejandra Silva, 37, in 2018 and share two children.

The actor, who was also once married to supermodel Cindy Crawford also has a 21-year old son, Homer, from ex-wife Carey Lowell.

Products You May Like

Articles You May Like

Mortgage rates may be stabilizing after the election. Here’s what to expect into early 2025
What’s behind Salesforce’s record highs — plus, a possible stock to buy after this week’s earnings
Cavernous NYC restaurant Aqua — featuring 70-foot sushi bar — joins booming Flatiron corridor
Iconic NYC penthouse crowned with a golden dome lists for $25M after 25 years of ownership
Here’s what the Trump presidency could mean for the housing market, experts say

Leave a Reply

Your email address will not be published. Required fields are marked *