Over the last few years, Reese Witherspoon’s real estate holdings have been frequently in flux. She owned a mansion in Pacific Palisades, a bucolic farm in the Malibu foothills and a country estate out in Ojai, though all three of those homes have been sold off. And about three months ago, the “Legally Blonde” star-turned-media mogul bent and snapped out of her sprawling Brentwood estate, selling it for $21.5 million to a Hot Pockets heiress.
To replenish her portfolio, records show Witherspoon has spent nearly $28 million in the first half of 2022 acquiring at least four new homes — one in Los Angeles, and the other three in or near her native Nashville, where she and her family live part-time. All but one of those deals were inked quietly off-market, and the properties were never publicly offered for sale, so images and details are somewhat scant.
Witherspoon already owns several Nashville-area homes, some of which are reportedly occupied by family members. But it appears she and longtime husband Jim Toth are eager to spend more time in the area, as they’ve paid a whopping $18 million for an estate in a prime pocket of town. Set on nearly four flat acres, the property was custom-built in 2020 by the sellers, subprime auto loan kingpin B. Michael Shivers and his wife Margaret.
Per tax records and aerial views, the gated estate includes a nearly 15,000-square-foot main house, a separate pool house, full-size tennis court with a covered viewing pavilion, vast expanses of grassy lawn and a spoon-shaped swimming pool. There are also dozens of trees surrounding the leafy estate, which is close to parks and charming shopping and dining destinations. The Shiverses paid $2.7 million for the land in 2017, after which they demolished the much smaller house that previously stood on the property.
For now, the home’s interior decor and design features remain a mystery, but most of Witherspoon’s previous homes have sported traditional-style architecture nicely blended with chic and contemporary interiors.
About two months after buying her big new Nashville estate, the world’s wealthiest actress paid another $5 million to acquire a much humbler ranch house in the Brentwood neighborhood of Los Angeles, very close to her former Mandeville Canyon digs.
This property was also never on the market, though tax records show it has four bedrooms and three bedrooms in about 2,600 square feet of living space. Originally designed by noted architect Cliff May, the 1959 structure is single-story and wraps itself around a concrete patio with a dark-bottomed swimming pool. The house sits high above the road, behind a long driveway in an equestrian-oriented neighborhood.
Witherspoon’s other 2022 real estate purchases include a historic building in downtown Nashville (below). Located on a bustling avenue dotted with commercial properties, the 1870s red-brick house is zoned for both retail or residential use, and would likely make an ideal office for a busy thespian with her own production company and clothing brand.
Like most of Witherspoon’s other purchases, this transaction closed off-market, but records show the $4.2 million property was recently renovated and includes a 3,000-square-foot “front” house with its own kitchen, plus a 1,300-square-foot rear building with direct access to a discreet alleyway.
Witherspoon’s fourth and final 2022 acquisition (so far) was a relatively humble house in the leafy Nashville suburb of Franklin, Tenn.
Priced at $672,000, the 2,200-square-foot structure sits at the end of a quiet cul-de-sac and backs up to golf course greens. Built in 1987, the brick-sided home is freshly painted, per the lising, and offers three bedrooms and two baths. Our guess is Witherspoon acquired this home as an investment/flip project or for a lucky family member.
And in addition to her four new homes, Witherspoon’s other current holdings include an 8,400-square-foot Nashville mansion and two much more modest Nashville homes, plus a vacation getaway within a very exclusive and guard-gated community in the Bahamas.