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Catherine Zeta-Jones and Michael Douglas have reportedly slashed the asking price of their luxury New York mansion by a significant $2.25 million (around €2.1 million) after struggling to secure a buyer.
The A-list couple had originally listed the sprawling riverfront property for $12 million (€11.1 million) in 2024, but it has now been reduced to $9.75 million (€9 million), according to reports. Despite the price cut, the sale could still prove highly profitable, as the pair purchased the home in 2019 for $4.5 million (€4.2 million) — meaning they stand to make an estimated $3.25 million (€3 million) gain.
Located in Irvington, New York, roughly 20 miles from New York City, the property is a striking 1920s Georgian-style mansion set along the Hudson River.
Spanning an impressive 12,000 square feet, the home features eight bedrooms and ten bathrooms, offering ample space across its elegant layout.
The estate is particularly notable for its extensive river frontage, with approximately 130 feet separating the house from the water, as well as a 100-foot rear terrace designed for outdoor entertaining during warmer months.
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The approach to the home is equally grand, with a circular driveway leading to a columned entrance framed by classic white pillars.
While the property retains its historic charm, it has been carefully updated in recent years. Previous listings highlighted that renovations were carried out with a focus on modern comfort while preserving the building’s original character — a balance often sought in high-end heritage homes.
Speaking previously about the decision to sell, Zeta-Jones said the move reflects a shift in the couple’s lifestyle now that their children have grown up and moved out.
The pair share two children — Dylan, 25, and Carys, 23 — while Douglas is also father to Cameron Douglas, 47, from his first marriage.
“When I purchased our Irvington home I knew our family would share many happy times here, and we have!” she said. “Now that both our son and daughter have left the nest it seems like the right time to sell.”
She added that work commitments have increasingly taken her to Europe, with the couple planning to spend more time abroad. “Michael and I plan to spend more time in Bermuda and Europe,” she said.
The property itself also carries a rich historical background.
The land was once part of estates owned by prominent industrial families, including relatives of Charles Lewis Tiffany, the founder of Tiffany & Co., adding further prestige to the already impressive residence.