Gwyneth Paltrow sold her longtime Brentwood, California, house for $22 million, after dropping the price several times. Gwyneth originally purchased the single-story 8,000-square-foot home in 2012 with ex-husband Chris Martin.

The sale was due to Paltrow's desire to downsize, her realtor told the Wall Street Journal, now that her (and singer Chris Martin's) children, Apple and Moses, are growing up and attending college at Vanderbilt and Brown, respectively.

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Gwyneth Paltrow sold her Brentwood mansion for $22 million, significantly lower than her original asking price.

Less than a month after the Los Angeles wildfires threatened to destroy it, Gwyneth Paltrow’s longtime home in Los Angeles’ Brentwood area has sold for $22 million. The home,

Around seven months after it first hit the market for nearly $30 million and subsequently underwent a price chop, Gwyneth Paltrow’s longtime Los Angeles home in the Lower Mandeville Canyon area of Brentwood has sold to an unidentified buyer for $22 million.

Gwyneth Paltrow has sold her Los Angeles home for $22 million, $8 million less than the original asking price. Photo: A. Barcelo/Beverly Hills Estates / MEGA

Gwyneth Paltrow’s 1950s house in the Lower Mandeville Canyon neighbourhood of Los Angeles has sold for $US22 million ($AU35.2 million) after seven months on the market. It’s substantially less than her original asking price of $US29,990,000 ($AU48 million).

Paltrow and her ex-husband, Coldplay singer Chris Martin, purchased the 1950s single-story home for $9.95 million in 2012.

Goop founder and Hollywood star Gwyneth Paltrow has sold her Los Angeles mansion to the tune of $AU35 million. The Brentwood mansion was initially listed with an asking price of $AU48 million and lingered on the market for seven months before a price cut saw it finally sold.