At the start of January, thousands of people evacuated to safety and, tragically, lost their homes in the LA fires. Amid many celebs sharing updates about their living situations and the fires causing production delays,

Gwyneth Paltrow officially has one less home in her portfolio of West Coast properties. The actor and Goop founder sold her longtime Los Angeles manse for $22 million, per the Wall Street Journal. Paltrow’s Brentwood,

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).

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.

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.

Gwyneth Paltrow's home boasts six bedrooms, large kitchen with double cooktops, a wood-burning oven, and sleek black tile flooring

Gwyneth Paltrow has sold her house after dropping the asking price. The Goop founder had listed her 8,000 sq. ft. home in Mandeville Canyon, Brentwood, Los Angeles, last May for $29.99 million before lowering its price tag by $5 million last October,

The Goop CEO more than doubled her money on the Brentwood estate she and her now ex-husband Chris Martin scooped up back in 2012.

Gwyneth Paltrow's latest real estate move has caught attention, sparking interest in the story behind her Los Angeles property sale. Known for her impeccable taste and lifestyle ventures, the actress and entrepreneur has made headlines with her decision to part ways with a longtime residence.