Actress and Goop CEO lists Brentwood property after completing Montecito residence
- Gwyneth Paltrow lists her Los Angeles home for $29.99 million
- Property was bought by Paltrow and ex-husband Chris Martin in 2012 for $9.95 million
- Home features six bedrooms, a guesthouse with wine cellar, office, gym, game room, and movie theater
- Mandeville Canyon area known for large, private lots
- Ultraluxury sales in L.A. have slowed due to new property tax on large transactions
Gwyneth Paltrow, the actress and founder of lifestyle company Goop, has listed her Los Angeles home in Brentwood for $29.99 million. The property was purchased by Paltrow and ex-husband Chris Martin in 2012 for $9.95 million. The single-story house, located in the Mandeville Canyon area, features six bedrooms and a guesthouse with a wine cellar, office, gym, game room, and movie theater. Paltrow has two children with Martin and plans to downsize as she splits time between Los Angeles, Montecito, and Amagansett, NY. The Mandeville Canyon area is known for large, private lots. Ultraluxury sales in LA have slowed due to a new property tax on large transactions.
Factuality Level: 8
Factuality Justification: The article provides accurate information about Gwyneth Paltrow’s home sale, including details on the property, its features, and the real estate market in Los Angeles. It also includes relevant context about the area and recent sales of nearby properties. However, it contains some minor elements of sensationalism with phrases like ‘biggest and best luxury home sales and listings’ and ‘ultraluxury sales have slowed,’ which may not be entirely accurate or objective.
Noise Level: 7
Noise Justification: The article is primarily focused on celebrity real estate news and does not provide any significant insights or analysis beyond reporting on a specific property sale. It lacks relevance to broader trends or implications in the luxury housing market.
Private Companies: Goop
Key People: Gwyneth Paltrow (CEO of Goop), Chris Martin (Ex-husband of Gwyneth Paltrow), Lea Porter (Listing Agent at Beverly Hills Estates), Brad Falchuk (Writer-producer, Gwyneth Paltrow’s husband), Kendrick Lamar (Hip-hop superstar), Scooter Braun (Celebrity talent agent)
Financial Relevance: Yes
Financial Markets Impacted: Real estate market in Los Angeles
Financial Rating Justification: The article discusses the sale of Gwyneth Paltrow’s home in Brentwood, Los Angeles and mentions the impact of a new property tax on large transactions in the city. It also provides information about luxury home sales and median sale prices.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in this article.
www.wsj.com 
