Matthew Perry's Real Estate Portfolio: A Look At The 'Friends' Star's Homes, Investments
Highlights
- Matthew Perry's real estate portfolio was extensive and impressive, with multiple luxurious properties in Los Angeles and Malibu.
- Perry's investment decisions and celebrity status helped him become a successful real estate mogul, contributing to his net worth of $120 million.
- Perry's properties ranged from a modest two-bedroom home in the Hollywood Hills to a 9,290-square-foot "Mansion in the Sky" condo in Los Angeles.
The late Matthew Perry's real estate portfolio would leave even the most seasoned professionals green with envy.
The late Friends actor, who captured hearts with his portrayal of the ever-sarcastic fan favorite Chandler Bing, made a fortune on the hit sitcom.
Matthew Perry is also a mini real estate mogul, as he bought and sold many mansions in his lifetime. Perry bought his first Los Angeles mansion in 1995 after Friends premiered in 1994, a two-bedroom home in the Hollywood Hills.
Over the years, he has owned several luxurious properties in Los Angeles and Malibu. The Canadian-born American actor would go on to own and trade over ten homes all over the country, which massively contributed to his net worth of $120 million.
His journey from a sitcom star to a real estate tycoon is a testament to his shrewd investment decisions and ability to leverage his celebrity status in the property market.
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Matthew Perry, a comedic genius who rose to fame as Chandler Bing on Friends, ventured beyond sitcoms to produce, voice act, and write.10 Hollywood Hills Mansions
Hollywood Hills, Matthew PerryAfter receiving his paycheck for the first season of Friends, Perry purchased a two-bedroom apartment in the Hollywood Hills in 1995.
The modest 2,000-square-foot home was located in quiet cul-de-sac and also contained two bathrooms and a swimming pool. Perry reportedly paid $1.25 million for the property.
In April 2001, he sold the property for $839,000. In 1999, Perry made another big move in the property market when he paid $3.2 million for a 6,500-square-foot 1970s mansion in the Beverly Hills area.
The five-bedroom, six-bathroom residence was envisioned as his entertainment paradise that was equipped with many features such as a screening room, a home gym, a wine cellar, and a game room, and other things that complemented his bachelor lifestyle.
9 'Pier House' Mansion In Malibu
Malibu PierMatthew Perry expanded his real estate portfolio by acquiring a stunning beachfront mansion in Malibu, California.
It is aptly named the "Pier House" since it perched on a hillside overlooking the Malibu Pier. The 5,500-square-foot residence was built in 1981 on a two-and-a-half-acre property.
The property contained a four-bedroom, six-bathroom contemporary estate and offered breathtaking panoramic views of the Pacific Ocean.
Perry shelled out $6.55 million for the property, which he later transformed into a sober living facility (called the Perry House) to help others with the same afflictions he had experienced, demonstrating his dedication to helping others overcome addiction challenges.
The "Pier House" became a sanctuary for those seeking recovery. The facility shut down in 2015, after Perry sold the property for $12.5 million.
8 The Sierra Towers Condo
Sierra TowersOnly months after purchasing the Pier House, Matthew Perry added another property to his portfolio by snapping up a luxurious condominium in the Sierra Towers building (in the West Hollywood area).
The property was previously owned by Sir Elton John, and was sold to Perry for $3.5 million. Situated in the heart of West Hollywood's vibrant entertainment district, the building featured a lot of amenities, such as a state-of-the-art fitness center, a swimming pool, and a breathtaking view of the Los Angeles skyline.
Six years after he purchased it, Perry put the property on the market, and sold it for $2.85 million.
7 Sunset Strip Mansion
Sunset BoulevardPerry was a big admirer of mid-20th century style properties, and made his dream come true when he acquired a stylish mid-century modern mansion on the Sunset Strip in West Hollywood, California, in 2006.
The 4100-square-foot residence boasted a contemporary design, featuring floor-to-ceiling glass walls which opened onto a private patio and swimming pool, creating a seamless indoor-outdoor living experience.
Structured in the mid-century modern style, the house includes several indoor and outdoor fireplaces, a home theater, and three bedrooms and three-and-a-half baths. Perry reportedly paid for $1.7 million the property and put it back on the market in 2014 for $5.695 million.
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Carman Crest DriveIn 2008, Perry paid $4.475 million for a contemporary mansion on Carman Crest Drive in the Hollywood Hills.
The actor called this property home for a long time and enjoyed the luxury it provided. The estate featured an open floor plan, with floor-to-ceiling glass walls that maximized natural light and showcased stunning views of the city and canyon.
The building contained three bedrooms, four bathrooms, an infinity pool, and a home theater. It also featured glass walls in the living room and boasts white terrazzo floors, which were added during redecoration.
Infinity pools are designed to have a seamless or invisible edge, creating the impression of an endless water feature. Their modern look pairs well with mid-century homes.
Perry put it on the market three years after purchasing the mansion for $5.695 million and sold it for $4.685 million.
5 Hollywood Hills Glass House
Hollywood HillsThe television show star purchased this contemporary house in 2011 for $8.5 million.
The 3,821-square-foot home sits above the Sunset Strip, offering views from the iconic Los Angeles area to the downtown skyline and all the way to the Pacific Ocean. Built in 1962, the house captured the spirit of mid-century modern design with Perry's favored glass walls.
The property's layout pops with bright accents throughout the house, including lime green countertops and a matching backsplash in the kitchen. The residence contained three bedrooms and four-and-a-half bathrooms; it also featured an underground home theater with large windows that offered an aquarium-like view of the pool.
In 2017, Perry listed the Hollywood Hills home for $13.5 million.
4 Malibu Beach House
Malibu Beach HouseMatthew Perry purchased a 5,5000-square-foot property in 2011; the Malibu beach house cost the actor $12 million through a trust.
The house has four bedrooms, four bathrooms, and an open loft-like living room with glass walls looking out to the Pacific Ocean. It also has an outdoor spa, a state-of-the-art movie theater, and a luxury galley kitchen.
A "galley kitchen" is a kitchen with a narrow, elongated layout, common in cities and areas with high population density. Galley kitchens derived their name from the kitchens on ships, trains, and planes.
Perry spent much of the first half of 2020 at the two-story house, posting numerous pictures of the property on social media.
In 2020, Perry put the mansion up for sale with a listing price of $14.95 million.
3 Mansion In The Sky
Mansion In The SkyAptly dubbed "Mansion in the Sky," this utterly unique condo is more than 9,290 square feet and occupies the entire 40th floor of the Century Building in Los Angeles.
After purchasing the four-bedroom home in 2017, Perry tapped architect Scott Joyce and interior designer L.M. Pagano to transform the mansion. With four bedrooms, eight bathrooms, a spacious living area, a movie theater, a fitness studio, and expansive terraces, the property exuded opulence and grandeur.
Perry reportedly paid $20 million for the penthouse, which he later listed for $35 million in 2019. The property was sold for $21.6 million in 2023 – when Rihanna purchased it for $21 million.
2 The Pacific Palisades Home
Pacific PalisadesIn the summer of 2020, Perry bought a $6 million cottage in the Pacific Palisades neighborhood of Los Angeles.
The 3,200-square-foot cottage featured a more modest lifestyle compared to Perry's previous residences. With four bedrooms, four-and-a-half bathrooms, and a pool and Jacuzzi that overlooked the ocean, the property offered a tranquil retreat amidst the hustle and bustle of Hollywood.
The mansion was renovated in 2018 and re-equipped with oak floors and a facial recognition system for an extra layer of security. Matthew's dog, Goldendoodle Alfred, shared the house with him and appeared in several pictures the Friends alum shared on Instagram.
Perry infused the cottage with his own personal touch, dedicating a room he called the "Matt Cave" to his lifelong love of Batman.
The property was Matthew Perry's last residence before he passed away; he was discovered unresponsive in his hot tub in late October 2023.
1 Mid-Century Modern Mansion
Mid-Century ModernIn 2023, Perry acquired another property in an off-market deal.
The property's asking price was estimated at $6 million, but the Friends star reportedly got $750,000 off the asking price and obtained the residence for $5.25 million. The mid-century modern home has three bedrooms and four bathrooms and sits on a 9,622-square-foot lot.
This home is furnished with a comprehensive sound system throughout the entire property, an open floor plan, a Fleetwood sliding door, and an eat-in kitchen. In addition to his impressive real estate portfolio, the actor also invested in a number of commercial properties.
Matthew Perry owned several office buildings and retail spaces in Los Angeles in his diverse real estate portfolio. He also owned a vineyard in Napa Valley, California.
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