Gwyneth Paltrow and her husband, Brad Falchuk, reportedly spared no expense to make their Montecito, Calif., mansion meet their standards.
The Oscar winner, 51, and the TV writer, 53, took out a $22 million loan in November 2021 that required them to use all the funds on the $4.9 million property, according to the US Sun.
Per the outlet, City National Bank granted the funds to the couple via the Lighthouse Trust.
Paltrow and Falchuk reportedly demolished the home, which they bought in 2016, and replaced it with an eco-friendly estate that included an Olympic-sized swimming pool and 60 solar panels.
The seven-year construction project was finally completed last year, per the Sun.
Paltrow’s reps did not immediately return ’s request for comment.
The guesthouse on the Goop founder’s property has been a hot topic in the past, as it was listed on Airbnb for the public to enjoy last August.
“My Montecito home is my sanctuary for respite and mental clarity. I go there to recharge, to daydream about what we’re building at goop and to reconnect with my family and treasured friends,” Paltrow wrote in the short-term rental’s listing at the time.
“Whether you’re seeking a place for unexpected connection or for well-deserved solitude and reflection, when you come to stay, I hope you’ll get as much joy out of the home as I do.”
She concluded, “Plus, I’ve loaded up your stay with some of my favorite goop essentials to nourish your body, mind and soul.”
The one-bedroom, one-bath guesthouse was available for one-night stays from Aug. 19 to Sept. 9.
For more you love…
In a paid partnership on Instagram, Paltrow also shared video of the home, which featured a soaking tub, wood-burning fireplace and vaulted ceilings.
While a few lucky guests reaped the benefits of the “Shakespeare In Love” star’s renovations, not all of her neighbors were…
Read the full article here