The sale was due to Paltrow's desire to downsize, her realtor told the Wall Street Journal, now that her (and singer Chris Martin's) children, Apple and Moses, are growing up and attending college at Vanderbilt and Brown, respectively.

Hollywood actor and businesswoman Gwyneth Paltrow has sold her Los Angeles mansion for a whopping $22 million, according to The Wall Street Journal. The 8,000 sq. ft. property is located in Mandeville Canyon, an upscale area of Brentwood neighborhood.

Gwyneth Paltrow has sold her Los Angeles home for $22 million, $8 million less than the original asking price. Photo: A. Barcelo/Beverly Hills Estates / MEGA

Gwyneth Paltrow has sold her LA home for $8 million less than her original asking price. Last year, the lifestyle queen told the Wall Street Journal she was ready to sell as both children had moved out to go off to college.

Gwyneth Paltrow has sold her LA home for $8 million less than her original asking price. The actor and entrepreneur sold the Brentwood, California property for $22 million (£18 million) - around $8 million (£6 million) less than she had originally asked for.

Paltrow and her ex-husband, Coldplay singer Chris Martin, purchased the 1950s single-story home for $9.95 million in 2012.