Chris Pratt and Katherine Schwarzenegger are putting their lavish Pacific Palisades home back on the market — and they’ve dramatically lowered the asking price.
The couple is seeking $20 million for the sprawling Los Angeles-area estate, which previously hit the market for $32 million in 2023.
The 11,000-square-foot property comes loaded with celebrity-level amenities, including six bedrooms, a private gym, spa, full-sized movie theater and resort-style outdoor spaces.
Despite multiple attempts to find a buyer over the years, the mansion remains in the couple’s hands.
Now, the property is officially up for grabs again — marking the fifth time they’ve tried to sell it.
Chris Pratt and Katherine Schwarzenegger are once again looking for a buyer for their Pacific Palisades mansion.
The couple has relisted the massive property with an asking price of $20 million, according to the listing information provided.
That represents a significant reduction from the $32 million price tag attached to the property when it was first listed in 2023.
The earlier listing failed to attract a buyer, and the mansion has been put back on the market several times since.
This latest attempt is reportedly the fifth time the property has been listed for sale.
At 11,000 square feet, the estate is built for serious luxury living.
The property features six bedrooms and a long list of high-end amenities designed to make the home feel more like a private resort than an ordinary residence.
Inside, there’s a fully equipped gym for workouts, a spa for relaxation and a full-sized movie theater for private screenings.
The house also includes a formal dining room and a large, stylish kitchen.
Then there are the views.
The estate offers sweeping vistas of both the surrounding mountains and coastline, adding another major selling point to a property already packed with luxury features.
The architecture is also a major part of the home’s appeal, with the design giving the sprawling estate an upscale, polished look.
Outside, the property continues the resort theme.
There’s a spacious saltwater swimming pool, multiple patios and a cabana designed for outdoor entertaining and relaxation.
The listing is being handled by Shana Tavangarian and Amir Zac Mostame of Carolwood Estates.
For the couple, the latest listing represents another attempt to move on from the property after previous efforts failed to produce a sale.
And the $12 million reduction from the original asking price makes this latest attempt considerably different from the first.
Pratt and Schwarzenegger’s Pacific Palisades property first went on the market in 2023 for $32 million.
The estate did not attract a buyer at that price, leading to subsequent attempts to relist it.
The property has now been placed on the market multiple times, with the latest listing reportedly marking the fifth effort to sell the home.
The current $20 million asking price is therefore significantly below where the couple started.
The property itself remains a major luxury offering, with its enormous footprint, extensive amenities and views of both the mountains and coastline.
Its combination of indoor entertainment spaces and resort-style outdoor features puts it firmly in the high-end Los Angeles real estate market.
Celebrity real estate listings often attract attention because the homes offer a glimpse into how Hollywood’s biggest names live.
Pratt and Schwarzenegger’s property is particularly eye-catching because of its size and extensive amenities.
An 11,000-square-foot estate with a theater, gym, spa, saltwater pool and panoramic views is far removed from the typical Los Angeles home.
The price reduction also makes the latest listing notable.
After starting at $32 million, the property is now being offered for $20 million — a $12 million difference.
Whether that lower price finally brings a buyer remains to be seen.
For Pratt and Schwarzenegger, the latest listing marks another chapter in their relationship with the property.
![The latest listing notes that no expense [was] spared on the design and build of the expansive 13,000 square foot property, which took around three years to complete.](https://thepopradar.com/wp-content/uploads/2026/08/The-latest-listing-notes-that-no-expense-was-spared-on-the-design-and-build-of-the-expansive-13000-square-foot-property-which-took-around-three-years-to-complete-1024x656.avif "Chris Pratt Lists Pacific Palisades Home for $20 Million 10")
They have now tried to sell the mansion several times, despite its extensive amenities and prime Pacific Palisades setting.
The decision to return to the market at $20 million suggests a willingness to take a substantially different approach after the previous $32 million listing failed to attract a buyer.
For prospective buyers, meanwhile, the mansion offers the kind of features associated with an ultra-luxury celebrity estate — from a private cinema and spa to a saltwater pool and expansive views.
Chris Pratt and Katherine Schwarzenegger’s Pacific Palisades mansion is back on the market for $20 million after several unsuccessful attempts to sell it.
Now comes attempt No. 5 — and this time, the asking price is $12 million below where they started.
