Chris Pratt’s $32M Pacific Palisades mansion relisted at $19.99M after 4 failed sales

Chris Pratt and his wife, Katherine Schwarzenegger, have relisted their Pacific Palisades mansion for $19.99 million, marking their fifth attempt to sell the property in three years. The custom-built home, located in one of Los Angeles' most exclusive neighborhoods, was initially purchased in 2018 for $15.6 million. The couple demolished the original structure and spent approximately three years constructing a new 13,000-square-foot residence. The property was first placed on the market in July 2023 for $32 million, but has undergone multiple price reductions and periods of being taken off the market since then. Over the past three years, the home has been subject to several rounds of price adjustments and relisting. Following no success at the initial $32 million asking price, the couple reduced the price to $29.99 million in October 2023. However, the listing was quickly withdrawn four days later. The home was reintroduced in November 2023 at the original $32 million price, though it remained on the market for just two days before being pulled again. In June 2024, the property returned with a revised asking price of $24.5 million, but it was removed from the market in October. At that time, a source told Realtor.com that the couple intended to pause the sale following the birth of their third child, Ford, who was born in November 2024. The home was relisted in August 2025 for $19.99 million, and although it was taken off the market in March 2026, it was subsequently relisted on 10 August 2026 at the same price. The current listing highlights the extensive customization and high-end finishes of the home. Listing agent Shana Tavangarian of Carolwood Estates describes the property as having "no expense spared" in its design. The residence includes six bedroom suites, 7.5 bathrooms, and expansive outdoor living areas offering panoramic views of the surrounding coastal mountains. Marketing materials emphasize the luxurious quality of the construction, noting that each room is designed with meticulous attention to detail and features bespoke finishes. The location is also highlighted as a key selling point, situated near both the mountains and the beach, while remaining within easy reach of the heart of Pacific Palisades. The couple's decision to demolish the original house, known as the Zimmerman House, has drawn controversy. Designed in 1950 by renowned midcentury modern architect Craig Ellwood, the home was regarded as an important example of the era's architectural style. Its demolition, which occurred as part of the couple's plans to build a new home, sparked backlash from California real estate and design professionals. Some critics expressed surprise that the city did not impose stricter regulations on such developments. This incident has added another layer to the narrative around the couple's real estate activities, particularly given their recent purchase of a separate home in Brentwood for $12.5 million, which is closer to Katherine Schwarzenegger's mother, Maria Shriver. As of now, the property remains under the care of listing agent Shana Tavangarian, who continues to manage the sale. With the current asking price significantly lower than the original purchase cost, the home represents a substantial financial adjustment for the couple. While the exact timeline for a potential sale remains unclear, the repeated efforts to sell suggest ongoing challenges in finding a buyer willing to meet the asking price. The property's unique features and prime location continue to make it a desirable option for affluent buyers, despite the lengthy process of its sale.