Buyer found for Richard Gere’s $28M Westchester estate

“Pretty Woman” star put 49-acre property on market last October

Richard Gere and 81 Lyndel Road in Pound Ridge (Getty Images, Ginnel Real Estate)
Richard Gere and 81 Lyndel Road in Pound Ridge (Getty Images, Ginnel Real Estate)

“It must be difficult to let go of something so beautiful.”

In addition to being one of the oft-remembered lines from the 1990 romantic comedy, the sentiment could also apply to “Pretty Woman” frontman Richard Gere’s selling of his 49-acre estate in Pound Ridge.

The actor recently signing a contract with a buyer for huge Westchester County property, Mansion Global reported. The buyer’s identity and the property’s final sales price haven’t been disclosed, but Gere was looking for a pretty penny in a sale when he listed it last October, asking $28 million.

The actor was reportedly ready to leave the estate after more than three decades to relocate to North Salem with his wife, Alejandra Silva, and their two young children. The New York Post previously reported they paid $9.8 million for a seven-bedroom, nine-bathroom home in the town.

Gere, meanwhile, paid $1.5 million in 1986 for the home at 81 Lyndel Road in Pound Ridge, according to property records. The property centers on a three-story, 11,000-square-foot Colonial home with eight bedrooms, 11 bathrooms and nine fireplaces. The property includes two large secondary residences, a shed and a six-stall barn, along with a swimming pool.

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The estate is surrounded by 4,300 acres of protected land. There are riding trails, a private lake with a sandy beach and a separate island, which is accessible via rowboat. Other features include views of rolling hills, mature trees and a hidden soccer field.

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Muffin Dowdle of Ginnel Real Estate held the listing.

The sale of Gere’s estate is likely to shatter local residential records. According to Zillow, the most expensive sale in town history was of a 30-acre estate with a 9,800-square-foot historic home. That property sold last month for $9.8 million, approximately a third of what Gere has been asking for his estate.

Gere hasn’t appeared in a movie since 2017, but starred in the 2019 BBC Two series “MotherFatherSon,” the first major television role of his career.

[MG] — Holden Walter-Warner