Real Estate Industry News

Bidding farewell to Los Angeles, Matt Damon listed his Zen-inspired Pacific Palisades mansion for sale in January for $21 million. With no takers, the actor recently cut the price to $17.9 million, and it sold in a couple of weeks.

Situated on the same premier street that his friend, Ben Affleck, still calls home, Damon’s 13,508-square-foot residence was in the mid-price range for Pacific Palisades with seven bedrooms, 10 bathrooms, and nearly three-quarters of an acre of lushly landscaped grounds with mature trees, a koi pond, children’s play area and a resort-style pool and spa. Damon and his wife, Luciana, paid $15 million for the home in 2012. 

The architect, Grant Kirkpatrick of KAA Design, used warm woods, natural stone and lots of glass while including artful details throughout the spacious mansion, according to TopTenRealEstateDeals.com. The home’s focal point is the central atrium with 35-foot vaulted mahogany ceilings that let in an abundance of natural light.

Open floor plans and disappearing glass walls connect the sprawling living and entertaining areas. A chef’s kitchen features custom-mahogany cabinetry, Bluestone countertops, and top-of-the-line, stainless-steel appliances by Viking, Miele and Wolf.

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The primary 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 gated estate.

One of Hollywood’s most bankable stars and among the highest-grossing actors of all time, Damon’s films are responsible for almost $4 billion in box office receipts. Together with his writing partner and life-long friend, Affleck, Damon won an Academy Award and a Golden Globe for Best Screenplay for Good Will Hunting. As an actor, he took home a Golden Globe for his starring role in The Martian.

Damon’s 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 $16.75 million Brooklyn Heights penthouse, at its time of sale the most expensive piece of residential real estate ever sold in Brooklyn.