Hollywood icon Richard Gere has made two significant real estate moves in recent years, selling his long-time Pound Ridge, New York, estate for $28 million and purchasing a stunning $10 million lakeside mansion in North Salem. Both properties highlight Gere’s preference for privacy, luxury, and a serene, natural environment away from the hustle and bustle of Hollywood. Let’s take an in-depth look at these two incredible homes and what they reveal about the actor’s transition into a new chapter of life.
The Sale of Gere’s $28 Million Pound Ridge Estate
Richard Gere had called his Pound Ridge estate home for over two decades, living there with his second wife, actress Carey Lowell, and later with his current wife, Alejandra Silva, and their two children. Located about 50 miles from Manhattan, this 50-acre compound was the epitome of luxurious, country-style living. The property, which Gere painstakingly built over 10 years through a series of purchases, featured five separate residences, a private beach, a full-sized football field, and a gorgeous lawn-surrounded swimming pool.
The main house, boasting 11,600 square feet, includes 19 rooms across three stories, with expansive living spaces that perfectly encapsulated Gere’s taste for elegance and comfort. The estate was a world of its own, designed for both relaxation and entertainment. The lush greenery surrounding the homes offered tranquility, while the compound’s multiple outdoor facilities—including a shoreline pavilion—made it perfect for hosting guests or spending family time in privacy.
Gere first listed the Pound Ridge estate for an ambitious $65 million, but after spending time on the market, he gradually lowered the price until it sold for $28 million in May 2022. The sale was significant, marking the end of an era for the actor, who had lived in Pound Ridge since the 1990s.
Gere’s New $10 Million Lakeside Mansion in North Salem
Following the sale of his Pound Ridge estate, Gere and his wife Alejandra moved into their new $10 million mansion in North Salem, New York, a secluded hamlet just an hour’s drive from Manhattan. The estate, named Northshire, offers over 9,000 square feet of living space on 35 acres of pristine countryside. Despite being a “downsizing” from the sprawling Pound Ridge estate, the North Salem property is still a luxurious haven that blends historic charm with modern conveniences.
The mansion, built in 1934 for Richard W. Woolworth, heir to the five-and-dime empire, is an exquisite example of Georgian architecture, with a red-brick exterior and classical design elements. The seven-bedroom, nine-bathroom home was once featured on the cover of British House & Garden in 2012 and remains a testament to timeless beauty. Despite its historical pedigree, the home has undergone thoughtful renovations, ensuring that it includes all the contemporary amenities required for modern luxury living.
Luxurious Amenities and Features
Northshire’s interior is as grand as its exterior, with spacious living areas, high ceilings, and large windows that fill the home with natural light. A formal dining room, a chef’s kitchen with high-end appliances, and a cozy living room anchored by a fireplace create a warm yet elegant atmosphere. The mansion’s period details have been preserved wherever possible, but modern upgrades ensure that the home remains as functional as it is beautiful.
The property’s luxurious amenities include a media room and gym, perfect for leisure and fitness, and a wine cellar ideal for entertaining. The house also features an indoor lap pool, housed in what used to be a greenhouse, providing a unique touch to the estate. Outside, a large outdoor pool is surrounded by beautifully landscaped gardens, while terraces and patios offer various spots for relaxation and outdoor dining.
For added privacy, Gere and Silva purchased an adjacent vacant lot for $700,000, expanding their estate to a total of 35 acres. This addition ensures even more seclusion, something that is highly valued by Gere, who is known for his preference for a quiet, private lifestyle. Neighbors in this exclusive enclave include the likes of David Letterman and Jennifer Gates, daughter of Bill and Melinda Gates.
A New Chapter for Gere
While Gere’s new North Salem property is considered a “downsize” from his former Pound Ridge estate, it offers the peace and privacy that the actor continues to prioritize. North Salem is known for its tranquil atmosphere, with much of its land protected from development, making it an ideal location for high-profile residents who want to enjoy the natural beauty without sacrificing privacy.
Gere’s move from Pound Ridge, where he lived for over two decades, signifies a new chapter in his life, one focused more on family. He and Silva were married in 2018, and since then, they’ve welcomed two children. Their North Salem estate serves as a perfect family retreat, far removed from the hustle and bustle of both Hollywood and the New York City metro area.
Conclusion
Richard Gere’s real estate moves reflect both his evolving personal life and his continued appreciation for luxurious, private living spaces. From the sale of his expansive Pound Ridge estate to his move into the elegant North Salem manor, it’s clear that Gere is drawn to properties that offer both beauty and seclusion. His new $10 million lakeside mansion provides the perfect balance of historic charm, modern amenities, and breathtaking natural surroundings, making it an ideal home for the Hollywood star and his family.