Michael Douglas, 79, and Catherine Zeta-Jones, 54, list riverfront mansion near NYC for $12 MILLION… as she says it’s ‘the right time to sell’ after their kids moved out

Michael Douglas and Catherine Zeta-Jones are putting their beautiful 1920s mansion in New York’s Westchester County up for sale.

The 79-year-old Wall Street star and the 54-year-old Chicago star are selling the riverfront property for $12 million. Wall Street Journal.

The potential sale could net the acting couple a $7.5 million payday, as Zeta-Jones bought the home for just $4.5 million in 2019, public records show.

Located in the tony village of Irvington, New York—just about 20 miles from the Big Apple—the home boasts an impressive 30 acres along the Hudson River, according to their Compass listing agent David Turner.

While speaking to the newspaper, Zeta-Jones said she and her husband wanted to spend more time elsewhere now that their adult children were out of the house.

The 79-year-old Wall Street star and the 54-year-old Chicago star are selling the riverfront property for $12 million, according to the Wall Street Journal.

Michael and Catherine share son Dylan, 23, and daughter Carys, 21, while the China Syndrome actor also has an older son, 45-year-old Cameron Douglas, from his first marriage to Diandra Morrell.

They were married from 1977 until their divorce in 1995, although their divorce was not finalized until 2000.

“When I bought our home in Irvington, I knew our family would have many happy times here, and it did!” Zeta-Jones said in a statement. ‘Now that both our son and daughter have left the nest, it seems like the right time to sell.’

She added that her acting work had taken her to Europe more often recently, and that she and Michael expected to be in the US less often.

“Michael and I plan to spend more time in Bermuda and Europe,” she said.

The A-list couple’s mansion has an illustrious past, as the land was once owned by the Matthiessen family of sugar merchants, according to the book Irvington (Then And Now) by Anne Marie Leone and Judith Doolin Spikes, via the Wall Street Journal .

In 1902, Conrad Matthiessen purchased an adjacent 50-acre estate owned by the then-deceased Charles Lewis Tiffany, the founder of the iconic jewelry company Tiffany & Co., and the current property that Douglas and Zeta-Jones own was later dug out of the ground . those larger estates.

The home’s future owners will have plenty of green lawn to look at as there is approximately 40 feet of frontage between the house and the river.

“When I bought our home in Irvington, I knew our family would have many happy times here, and it did!” Zeta-Jones said this in a statement. ‘Now that both our son and daughter have left the nest, it seems like the right time to sell.’

Michael and Catherine share their son Dylan (centre front, 23) and their daughter Carys (R, 21), while the China Syndrome actor also has an older son, 45-year-old Cameron Douglas (not pictured), from his first marriage to Diandra Morrell

It also features a 30 meter rear terrace overlooking the river, which would be an ideal spot for entertaining in the warmer months.

Built in the 1920s, the Georgian-style home features an impressive 12,000 square feet of space and an elegant brick and stone exterior.

Visitors driving up the secluded circular driveway to the estate will encounter a series of elegant white columns decorating the grand front entrance.

Turner, the real estate agent, noted that Douglas and Zeta-Jones had modernized the house with significant renovations, though he emphasized that they took care to preserve the mansion’s historic character.

“There’s a mix of formal and informal rooms,” he explained. “There’s a family room off the kitchen, which a lot of these old townhouses don’t have.”

Another attractive aspect of the mansion is that it is move-in ready, which Turner says is a rarity among the antebellum mansions in the area.

It has an ideal location with lots of privacy thanks to the woods and river that surround it, but the mansion is also just minutes from downtown Irvington, where the new owners can visit shops and restaurants.

There is also a train in town that runs to Manhattan when they want a quick trip to the city.

The A-list couple’s mansion has an illustrious past, as the land was once owned by the Matthiessen family of sugar merchants and Tiffany & Co. founder Charles Lewis Tiffany; seen with Carys in May 2023 in Cannes, France

According to the Journal, the Oscar-winning couple previously lived nearby in celebrity hotspot Bedford.

Zeta-Jones made a significant profit on that house, after buying it for $11.25 million and selling it for $20.5 million in 2014.

A spokesperson for the actors told the publication that they maintain separate real estate portfolios.

In recent years, the Falling Down actor put the couple’s home on Manhattan’s Central Park West up for sale for $21.5 million, although it was later taken off the market.

According to Turner, the home is currently the most expensive estate for sale in Irvington.

He added that a 214-acre estate in nearby Bedford was purchased for $30.674 million earlier in 2014, and he noted that he had previously sold the late David Rockefeller’s nearby estate for as much as $33 million, which he boasted that it was a record sales price. for a home in Westchester County.

Douglas and Zeta-Jones’ mansion, where they recently hosted a fundraiser for President Joe Biden, features eight bedrooms.

It has a modern-looking red and white dining room with glossy, waxed wooden floors, while many of the rooms are decorated in minimalist white with dark wood accents.

Zeta-Jones bought the house in 2019 for just $4.5 million, so she can make a hefty profit on it

The mansion, which overlooks the Hudson River, was built in the 1920s. It is located near New York City in the village of Irvington

The kitchen features white tiled walls with tasteful dark brown and gold accents and has a handy breakfast area nearby.

It wouldn’t be a famous mansion without a pool, but instead of a huge, ostentatious pool, Douglas and Zeta-Jones have a more reserved rectangular indoor pool that wouldn’t look out of place in a spa.

The lovebirds began their relationship in early 1999, before tying the knot in November 2000.

They had a brief split in 2013 when they were seen living apart, but the couple reunited later that year and have remained strong ever since.