Michael Douglas and Catherine Zeta-Jones Sell Their Charming Bedford Farmhouse for $7.5M
It looks like Michael Douglas and Catherine Zeta-Jones are bidding adieu to their “tiny” six-bedroom, six-bath brick Colonial up in Bedford. According to the LA Times, the couple have just sold the home for $7.5 million—a bit under their $8.1M August asking price, but well above the $5.1 million they originally paid for it.
Bedford residents, however, shouldn’t say their goodbyes just yet; Michael and Catherine will still be staying in the area. In October, after ending their separation, the pair snagged a $11.25 million, 15,458-square-foot stunner boasting eight bedrooms, 13.5 baths and 13 acres (Talk about a fresh start!). While the recently-sold home is quite demure when compared to their new estate, the updated 1930s farmhouse has plenty of charm and comes complete with 5.7 bucolic acres of its own, surrounded by a horse farm on three sides.
The home was updated last year to include a master suite closet, a gym and a center-island kitchen.
Additionally, a recently-built guesthouse with a kitchen, living room and a bedroom with a bathroom is on the property.
The couple originally rented the home for about six months before buying it for $5.1 million in 2010. They listed it in August of this year for $8.1 million, walking away with a tidy profit just a couple of months later.
Bedford is quite a celeb hotspot away from the city. Fellow A-lister Bruce Willis scooped up a palatial estate of his own just weeks ago, and Bill and Hillary Clinton also own a property in the area.
[Listing: 541 Guard Hill Road, Bedford, NY by Craig Siano of Siano & Company]
[Via LA Times]
Images courtesy of Siano & Company