Reese Witherspoon and Jim Toth just flipped the Brentwood property they bought in 2020 for $15.89 million
The real estate market today is still red hot, with people buying and selling like crazy. It seems that Hollywood also feels the excitement of moving house. Reese Witherspoon and Jim Toth are reported to have traded one of their properties. Of course, his house was more than the average daily real estate transaction. It was the Brentwood Estate that they had purchased in 2020 for a whopping $15.895 million.
So why did Reese Witherspoon and Jim Toth sell this expansive estate? Why was it sold and where are they moving to? We dove into some recent interviews to find all the answers.
Reese Witherspoon owns some high-profile properties
Reese Witherspoon and her husband Jim Toth own a portfolio of properties, all impressive, as Love Property points out, and spread across the country. Witherspoon is a Nashville native, so some of her homes are located there, and some are family residences. But Legally Blonde The actor has always owned property on the Westside of Los Angeles, in some of the poshest neighborhoods of Brentwood and Pacific Palisades.
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Witherspoon can sometimes be seen in Charleston, shopping on popular King Street or reading the Spoleto Festival in the charming downtown area. She owns a beach property on Sullivan’s Island there. And for those vacation excursions, Witherspoon and Toth can always venture to their luxurious vacation home and gated community in the Bahamas. But one of the most recent additions to the Witherspoon and Toth property portfolio, the Brentwood Estate, was back on the market almost as soon as it was purchased.
The latest addition to your collection of residences.
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Brentwood Estate, as described by Realtor, is a property in lower Mandeville Canyon, spread across 10,343 square feet. It has seven bedrooms and a whopping 10 bathrooms. The floor plan is open, and there are custom finishes and millwork throughout, making this an absolute dream home.
But after only two years of ownership, Witherspoon and Toth decided to sell. The property was listed in March for $25 million, which is substantially more than the $15.895 million they paid for it, according to the Wall Street Journal.
Nashville feels like home
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Witherspoon has been selling some of those high-profile California properties more regularly. In addition to listing the Brentwood Estate, he had also previously sold his Palisades Riviera mansion. That property was priced at $17 million and is now owned by an AutoZone heiress. In addition, that year, the couple also sold a property in Malibu for $6.7 million.
So why are California properties selling? Nashville seems to feel like home for the couple, with family close by. She often comments publicly about spending time in her Nashville-area hometown, seeing all the renewed growth of the communities there. And it may be the reason why Nashville homes don’t go up for sale as quickly as their California homes.
Recently, Witherspoon sought organizational help from The Home Edit team, at her Nashville home, as Realtor recaps. Witherspoon is also the show’s executive producer and helps promote Clea Shearer and Joanna Teplin’s expertise in bringing order to chaotic closet spaces and storage solutions. In this episode, fans can also see all the red carpet memorabilia Witherspoon has accumulated over the year.
You might see Reese Witherspoon and Jim Toth in California, South Carolina, Tennessee, or the Bahamas. But considering some of the house moves the couple have made in California lately, it’s likely they’ll be spending more time in Nashville in the long run, with plans to settle down.
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