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Jim Carrey Slashes Price of Los Angeles Home to $18.75 Million

2 days ago

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Executive Summary

  • Jim Carrey's Los Angeles home is now listed at $18.75 million, a significant reduction from its initial listing price of $28.9 million in February 2023.
  • A previous deal to sell the property fell through in late 2024, leading to the current price cut.
  • Carrey stated that he is selling the property because he no longer spends much time there; the property narrowly avoided damage from recent wildfires in the area.

Event Overview

Jim Carrey has again reduced the price of his longtime Los Angeles home in Brentwood. Initially listed for $28.9 million in February 2023, the property is now on the market for $18.75 million after a prior sale fell through. Carrey, who purchased the two-acre property in 1994 during the peak of his career, has cited his infrequent use of the residence as the primary reason for selling. The property features a 10,954-square-foot ranch-style home with amenities including a tennis court, pool with waterfall, guest house, and a custom Art Deco home theater.

Media Coverage Comparison

Source Key Angle / Focus Unique Details Mentioned Tone
People.com Price reduction and Carrey's acting break. Mentions Carrey's comments about his 'power-resting' and return to acting in Sonic the Hedgehog 3. Informative and celebrity-focused.
Yahoo.com Repeated price cuts and property features Includes details about non-toxic baby products, Mother's Day outfit ideas, Cottage cheese comeback, Aging in bursts, Fatty food intolerance, Kitchen storage mistakes, Google Flights trick, Fun and easy road trip games, Cheaper spring foods, Caribbean island of Saba Informative with a slant towards real estate.
NYPost.com Failed transaction and market conditions. Highlights how nearby wildfires and resulting insurance issues contributed to the failed sale. Mentions the home was nearly impacted by the Palisades fire and prompted evacuation. Business-oriented with a focus on real estate market dynamics.

Key Details & Data Points

  • What: Jim Carrey is selling his Brentwood estate after multiple price reductions, now listed at $18.75 million.
  • Who: Jim Carrey, Graham J. Larson (Sotheby’s International Realty - listing agent).
  • When: Originally listed in February 2023; price cut announced in May 2024; purchased in 1994.
  • Where: Brentwood neighborhood of Los Angeles, specifically North Tigertail Canyon Road.

Key Statistics:

  • Key statistic 1: $10 million (Total price reduction from initial listing price)
  • Key statistic 2: 10,954 square feet (Size of the main house)
  • Key statistic 3: 2 acres (Size of the property)

Analysis & Context

The continuous price reductions on Jim Carrey's property suggest potential challenges in the high-end Los Angeles real estate market. Factors contributing to these challenges could include shifting market demands, high property taxes, or concerns about insurance and financing due to recent wildfires in the area. Carrey's explanation that he no longer spends much time at the property aligns with the trend of celebrities downsizing or relocating. The failed sale in late 2024 underscores the complexities of luxury real estate transactions, where even high-profile properties can face unexpected hurdles.

Notable Quotes

"You can’t be definite about these things. I said I’d like to retire, but I think I was talking more about 'power-resting.' Because as soon as a good idea comes your way or a group of people that you really enjoyed working with and stuff, it just— things tend to change."
— Jim Carrey (Comicbook.com (December 2024))
"I bought a lot of stuff and I need the money, frankly."
— Jim Carrey (Associated Press (2024))
"I'm being fairly serious. It depends. If the angels bring some sort of script that's written in gold ink, that says to me that it's going to be really important for people to see, I might continue down the road. But I'm taking a break."
— Jim Carrey (Access Hollywood (2022))

Conclusion

Jim Carrey's decision to further reduce the price of his Los Angeles home reflects the dynamic nature of the luxury real estate market. Despite its appealing features and prime location, the property has faced challenges in securing a buyer, evidenced by the failed sale and subsequent price adjustments. Carrey's comments about his evolving career plans add a layer of personal context to the sale, indicating a potential shift in his lifestyle and priorities. The final sale price and future ownership of the property remain to be seen.

Disclaimer: This article was generated by an AI system that synthesizes information from multiple news sources. While efforts are made to ensure accuracy and objectivity, reporting nuances, potential biases, or errors from original sources may be reflected. The information presented here is for informational purposes and should be verified with primary sources, especially for critical decisions.