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A year after shelling out $9.8 million for a new family home in upstate New York, Richard Gere is trying to unload his other upstate property he purchased back in 1986.

The “Pretty Woman” actor, 72, listed his sprawling 48-acre compound in Pound Ridge for a whopping $28 million in October.

Nearly 35 years ago, he had purchased the land for only $1.51 million, property records reveal.  

Known for his leading roles in “Pretty Woman” and “American Gigolo,” Gere is hoping to start over in a seven-bedroom, nine-bathroom North Salem abode after welcoming children in 2019 and 2020 with his wife, Alejandra Silva. 

The main residence at the Pound Ridge compound — only an hour away from New York City — is made up of eight bedrooms and 11 bathrooms and spans over 11,600 square feet. 


  The compound is comprised of 4,800 acres of protected land. Ginnel Real Estate The compound is comprised of 4,800 acres of protected land. Ginnel Real Estate

  The formal living room. Ginnel Real Estate The formal living room. Ginnel Real Estate

  The gourmet kitchen with breakfast stools. Ginnel Real Estate The gourmet kitchen with breakfast stools. Ginnel Real Estate

  The sun room. Ginnel Real Estate The sun room. Ginnel Real Estate

  A breakfast space with a wood-burning fire place. Ginnel Real Estate A breakfast space with a wood-burning fire place. Ginnel Real Estate

  A library/sitting room. Ginnel Real Estate A library/sitting room. Ginnel Real Estate

  A family room. Ginnel Real Estate A family room. Ginnel Real Estate

  A study. Ginnel Real Estate A study. Ginnel Real Estate

  The music room. Ginnel Real Estate The music room. Ginnel Real Estate

Made up of five structures in total, with stables and a pool, the estate comes with 4,300 acres of protected land.

Pegged as a “magical country compound,” the property features a winding country lane as you make your way through the grounds and comes with a private lake with a sandy beach, and a separate island to row out to, according to the listing.

Other features include aesthetic views of rolling hills (reserved for horseback riding), a hidden soccer field and several mature plantings that surround the compound.

After buying his new colonial home last year, he dropped another $700,000 on a vacant neighboring parcel, which expanded the property to about 35 acres.


  One of eight bedrooms. Ginnel Real Estate One of eight bedrooms. Ginnel Real Estate

  One of 11 bathrooms. Ginnel Real Estate One of 11 bathrooms. Ginnel Real Estate

  An expansive terrace. Ginnel Real Estate An expansive terrace. Ginnel Real Estate

  The pool. Ginnel Real Estate The pool. Ginnel Real Estate

  The art/pottery room. Ginnel Real Estate The art/pottery room. Ginnel Real Estate

  The guest kitchen. Ginnel Real Estate The guest kitchen. Ginnel Real Estate

  The horse stables. Ginnel Real Estate The horse stables. Ginnel Real Estate

  The lake. Ginnel Real Estate The lake. Ginnel Real Estate

  A vegetable garden. Ginnel Real Estate A vegetable garden. Ginnel Real Estate

  A view of the expansive grounds. Ginnel Real Estate A view of the expansive grounds. Ginnel Real Estate

Gere married Spanish publicist and political activist Silva, 37, in 2018. 

He also has a 21-year old son, Homer, from ex-wife Carey Lowell.

Muffin Dowdle with Ginnel Real Estate holds the listing.


  Richard Gere’s new colonial home in North Salem, New York, he purchased for $9.8 million on January 19, 2021. Ginnel Real Estate Richard Gere’s new colonial home in North Salem, New York, he purchased for $9.8 million on January 19, 2021. Ginnel Real Estate

Reps for Gere did not immediately return The Post’s request for comment.

The Dirt was the first to report the transaction.

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