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Photography by Michael McNamara/Shooting LA and Shutterstock
Actor Mathew Perry is under contract to sell his modern Malibu retreat overlooking the ocean, according to the Wall Street Journal. The home had been listed for $12.5 million.
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Known as the “Pier House," the estate sits on 2.5 acres in the celebrity-studded neighborhood of Serra Retreat. It has an outdoor pool, fire pit, and meditation garden.
Inside, the open design plan provides floor-to-ceiling views of the ocean with glass walls, a home theater, and expansive decks that overlook the water and Malibu Pier. The master suite takes up an entire wing of the home, and comes with a his and hers bathroom suite.
Perry famously turned the mansion into a sober living facility known as the “Perry House” last year. He'll be moving the “Perry House” to the more affordable Studio City neighborhood in Los Angeles.
Megan Willett-Wei was an executive editor at Business Insider. Her teams spanned the worlds of lifestyle — including beauty, style, travel, food, and royals — and she also helped oversee Business Insider's freelance program.Before her role at Business Insider, she was a lifestyle reporter for Business Insider and a digital culture reporter at Tech Insider. Her work has been syndicated by Slate, CNN, MSN.com, and more.She is a graduate of Wellesley College where she double majored in English and Art History.
