American Actress Gwyneth Paltrow in the highly desirable neighborhood of Gillette Regent Square in Santa Monica, California has come on the market for $17.5 million.

In 1976, when Academy Award-winner Gwyneth Paltrow was just four years old, her parents, Hollywood royalty Bruce Paltrow and Blythe Danner, bought a home in tony Gillette Regent Square in Santa Monica, California. That home is now listed with Robert Edie of Compass, for $17.5 million.

The stunning two-story mansion was built in 1913, the first year that land in the Gillette Regent Square subdivision became available to the public. (The neighborhood is named after King C. Gillette, the man famous for inventing the safety razor in the early 1900s and who later became a land developer in Santa Monica.) Property records show that the home remained in the Paltrow family until it was sold in 2006. It was then purchased in 2008 by denim mogul Jerome Dahan, co-founder of the Citizens of Humanity and 7 for All Mankind luxury denim lines.

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Listing agent Robert Edie of Compass praised the quality and craftsmanship of the custom home. He said, “In a market of overbuilt mansions that are undeniably starting to look and feel the same, 2020 Georgina elevates above the competition, offering a bespoke and meticulously crafted experience unlike anything I’ve seen in Santa Monica. It could easily be a cornerstone of any sophisticated real estate portfolio,” according to Forbes.

The mansion is situated in a tropical oasis behind mature hedges and gates on a rare extra-large double lot. Inside and out, a powerful mix of high-end features and extravagant upgrades that are worth every penny take the property to the next level.

The glass-encased entry to the home is a moment unto itself and leads to an expansive living room with a fireplace, theater room and guest bedroom. The chef's kitchen with a marble island and Wolf and Sub-Zero appliances is drenched in natural light and includes a marble island and a built-in dining area where legends undoubtedly dined in total comfort and privacy.

Following an extensive renovation, the property now includes interior redesign of the living room and primary bedroom, new exterior landscape and lighting, white Venetian plaster throughout the interior, upgraded security systems, a new backup power generator system and conceptual plans for an addition above the garage and guest house.

The lushly landscaped garden with mature trees, meandering pathways, a fire pit and multiple outdoor dining options leads to an impressive Balinese-inspired pool and spa. A generously sized, two-story guesthouse offers a gym, dry sauna, bedroom and office. A three-car showroom with walls of glass overlooking the pool is fit for any proud automobile owner.

Upgraded systems that can provide backup power, including solar panels, backup generators, security cameras and electronically gated entries, make the 2020 Georgina the perfect blend of Old World charm and modern luxury on one of the most coveted streets in Santa Monica.

"In a market of overbuilt mansions that are undeniably starting to look and feel the same,” Edie said in a statement, “[this property] elevates above the competition offering a bespoke and meticulously crafted experience unlike anything I've seen in Santa Monica.”

Gwyneth Palthrow currently lives with her children and husband, writer-producer Brad Falchuk, in the Montecito home she built from the ground-up, per Architectural Digest.

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Sources: Forbes, Architectural Digest.