Richard Gere bought Paul Simon’s loss-making estate

‘Pretty Woman’ actor Richard Gere has been revealed as the mystery buyer for Paul Simon’s 8,800 square foot mansion in New Canaan, Connecticut. The 72-year-old was initially anonymous when he landed the resort for $10.8million last month.

Mansion Global has first reported that Gere is the previously unknown new owner of the 32-acre, 84-year-old property.

Simon, 80, and his wife, 56-year-old singer Edie Brickell, had been trying to unload the Georgian-style estate since 2019, when they first put it up for sale for $13.9 million. That asking price then dropped to $11.9 million before being relisted for $12 million early last year.

When Gere finally took over from the celebrity couple’s hands in July, it was for about $3 million less than they were originally looking for — and almost $6 million less than the 16 $.5 million that Simon and Brickell paid for the spot in 2002.

The house had been floundering on the market for three years.
The Grosby/Backgrid group
Connecticut home interior.
Gere paid $10.8 million for the compound.
The Grosby/Backgrid group
Interior of Connecicut House.
When Simon and Brickell bought the estate in 2002, they paid $16.5 million.
The Grosby/Backgrid group
Connecticut home kitchen interior.
The property has both a main house and a guest house.
The Grosby/Backgrid group
The swimming pool of the house.
The swimming pool of the house.
The Grosby/Backgrid group
An aerial view of the Connecticut compound.
An aerial view of the Connecticut compound.
Eagle View
An aerial view of the house.
The main house has six bedrooms.
Eagle View
An aerial view of the house.
The address “is only 45 miles from New York City,” according to an old listing.
Eagle View
An aerial view of the property.
An aerial view of the property.
Eagle View

The sprawling property has struggled to sell despite extensive press and bragging rights. Grammy-winning Simon “recorded many of his hit albums” in the main house, Town & Country reported when it was first marketed. The main house has six bedrooms, seven bathrooms, three powder rooms and several fireplaces while a second house, the 2,400 square foot guest house, is equipped with a garage.

“A separate three-bedroom cottage provides the ultimate escape to be as creative and indulgent or as engaging and social as you wish,” an old listing notes, adding, “This unique and serene estate has been lovingly maintained to provide the ultimate in peace, privacy, luxury and tranquility and is only 45 miles from New York.”

The address also has a pond, a swimming pool on the terrace, enclosed gardens and a courtyard.

Representatives for Gere did not immediately return the Post’s request for comment.

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