Matt Damon Drops Price of Pacific Palisades Mansion to $17.9 Million

The actor initially listed the home for $21 million.

Matt Damon's Pacific Palisades home is still on the market, and now he's offering the mansion for a marked down $17.9 million.
Damon purchased the seven-bedroom house in 2012.
Courtesy Alexis Adams/The Agency
He originally listed it for $21 million.
The actor is moving his family to New York.
Courtesy Alexis Adams/The Agency
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The atrium features 35-foot mahogany ceilings.
Courtesy Alexis Adams/The Agency
The house spans over 13,500 square feet.
Courtesy Alexis Adams/The Agency
The kitchen.
Courtesy Alexis Adams/The Agency
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It's open to a family room and breakfast area.
Courtesy Alexis Adams/The Agency
The media room.
Courtesy Alexis Adams/The Agency
There are walls of glass throughout.
Courtesy Alexis Adams/The Agency
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There's wine storage and a tasting room.
Courtesy Alexis Adams/The Agency
The gym.
Courtesy Alexis Adams/The Agency
The owner's suite.
Courtesy Alexis Adams/The Agency
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And a personal massage room.
Courtesy Alexis Adams/The Agency
It has a private terrace.
Courtesy Alexis Adams/The Agency
The home sits on 0.68 acres.
Courtesy Alexis Adams/The Agency
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The pool and spa.
Courtesy Alexis Adams/The Agency
There are lots of outdoor seating and lounging areas.
Courtesy Alexis Adams/The Agency
A covered al fresco dining situation.
Courtesy Alexis Adams/The Agency

Matt Damon isn’t giving up on finding a buyer for his Pacific Palisades mansion. Damon and his wife, Luciana Barroso, listed the sprawling home for $21 million in January 2021, but they haven’t managed to part with the place just yet. It seems they’re hoping a discount will make the house more enticing to potential buyers, as they’ve lowering the asking price by over $3 million, down to $17.9 million.

It’s still a substantial sum, of course, and even at the newly marked down listing price, the actor, producer and writer would still make a decent profit from the $15 million he paid for the 0.68-acre property back in 2012.

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Damon and Barroso haven’t received any offers on the estate over the past seven months, according to the New York Post, but maybe the freshly discounted asking price will garner some interest.

Matt Damon is still on the hunt for a buyer for his Pacific Palisades home.

The contemporary seven-bedroom, 10-bathroom home was designed by Grant Kirkpatrick of KAA Design, with lots of warm woods and natural stone accents throughout, per the listing held by The Agency broker Eric Haskell.

The expansive 13,508-square-foot residence has an open floor plan, and features a central atrium with 35-foot vaulted mahogany ceilings. The great room is composed of a living room with a large stone fireplace and a dining enclave with a wall of glass.

The kitchen is equipped with dark wood cabinetry, marble countertops, stainless steel appliances and an island, and is open to a cozy family room.

The owner’s suite contains two separate dressing rooms, as well as a bathroom with a built-in tub, separate glass-enclosed shower and double vanities. The bedroom also has access to a private balcony.

Matt Damon and Luciana Barroso are heading to the East Coast. Frazer Harrison/Getty Images

Elsewhere in the home, there’s a game room and an office, in addition to a screening room and a full gym. Downstairs, there’s a wine cellar and tasting room, for the true vino connoisseur.

There are numerous outdoor lounging and entertaining spaces, including a covered lanai for an al fresco dining moment. The sleek pool and spa are surrounded by a wood deck, and there’s also a separate children’s play area and a koi pond.

Damon and Barroso already know where they’re heading next; they decided to sell this Pacific Palisades home because they’re not planning on spending quite as much time on the West Coast. The couple, who has four children, are moving to New York, where they paid a reported $16.75 million for a sprawling penthouse in Brooklyn Heights in 2018.

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