Matthew Perry’s connection with Los Angeles real estate was almost as fascinating as his Hollywood career. Best known worldwide as Chandler Bing on Friends, Perry owned and sold several high-value properties across Los Angeles, including a full-floor Century City penthouse, an oceanfront Malibu retreat, and a midcentury home in Pacific Palisades.
However, there is an important correction to make when discussing the Matthew Perry house. His best-known Pacific Palisades property was not the same home as his Malibu house, and several online articles have mixed the two together. Perry bought the Pacific Palisades property for approximately $6 million in 2020, while his Malibu oceanfront home was purchased earlier, in 2011, for about $12 million.
The Pacific Palisades home also became especially significant because it was Perry’s final residence. After his death in October 2023, the approximately 3,500-square-foot property was sold in an off-market transaction for $8.55 million in 2024.
Here’s a closer look at Matthew Perry’s houses, their prices, notable features, and what happened to these properties after his death.
Where Was Matthew Perry’s House?
Matthew Perry owned properties in several prestigious Los Angeles neighborhoods, including Pacific Palisades, Malibu, Hollywood Hills, and Century City.
Because celebrity home addresses can create serious privacy and security concerns, it is more useful—and safer—to discuss the neighborhoods and publicly reported property details rather than publish a private residential address.
His Pacific Palisades home was located in one of Los Angeles’s most desirable coastal communities. The property was a relatively modest 3,500-square-foot midcentury residence compared with some of Perry’s other luxury properties.
That distinction matters because some older articles incorrectly describe a much larger 5,500-square-foot, oceanfront house as Perry’s Pacific Palisades mansion. That property was actually his Malibu home.
Matthew Perry’s Pacific Palisades House
Perry purchased the Pacific Palisades property in 2020 for approximately $6 million.
Unlike his enormous Century City penthouse, this house had a more intimate midcentury character. It covered roughly 3,500 square feet, making it considerably smaller than several of his previous Los Angeles residences.
The property nevertheless offered the privacy and relaxed atmosphere associated with Pacific Palisades.
Perry also made significant changes to the home during his ownership. Among the additions was a swimming pool with an attached hot tub. The outdoor area later became tragically associated with the circumstances of his death in October 2023.
Why the Pacific Palisades Property Was Different
One interesting aspect of this house is its scale.
Perry had previously owned properties worth tens of millions of dollars, yet this home was purchased for around $6 million. That suggests that his priorities had shifted toward a more manageable residential setting rather than simply acquiring the largest property available.
The house also had the architectural character of a midcentury home, giving it a very different feel from the polished high-rise luxury of his Century City residence.
What Happened to Matthew Perry’s Final Home?
After Perry’s death in 2023, the Pacific Palisades property eventually changed hands.
In October 2024, Architectural Digest reported that the house sold in an off-market deal for $8.55 million. The transaction was reported by The New York Times.
That means the property sold for approximately $2.55 million more than Perry had paid in 2020, although purchase and selling expenses, improvements, and other ownership costs would need to be considered before describing the difference as a simple profit.
This is an important detail because older articles may still describe the property as Perry’s current home. It is not. The property has a new owner.
Matthew Perry’s Malibu House
Perry’s Malibu property is the home that is most frequently confused with his Pacific Palisades residence.
The Malibu house was an approximately 5,500-square-foot oceanfront property with four bedrooms and 3.5 bathrooms. Perry bought it in 2011 for around $12 million.
The home directly faced the Pacific Ocean and featured expansive windows, open living spaces, wooden details, multiple outdoor areas, and a distinctive central fireplace.
It was particularly suited to the indoor-outdoor lifestyle associated with coastal Southern California.
The Malibu Home’s Standout Features
Publicly reported features included:
- Four bedrooms
- 3.5 bathrooms
- Approximately 5,500 square feet
- Oceanfront setting
- Large windows
- Multiple outdoor decks
- A secluded patio and spa
- Open-plan living areas
- A movie theater
- A large primary bedroom
- A dramatic fireplace
The house had a strong connection to the surrounding landscape. Large glass openings helped bring the Pacific Ocean into the visual experience of the interior.
How Much Did Matthew Perry’s Malibu House Sell For?
Perry listed the Malibu property in 2020 for $14.95 million.
It did not sell immediately at that price.
The property ultimately sold in January 2021 for $13.1 million, according to the Los Angeles Times.
This is a useful example of why listing price and final sale price should never be treated as the same figure.
The difference between the $14.95 million asking price and the $13.1 million final sale price was substantial. It also demonstrates how even celebrity-owned luxury properties can require price adjustments when the market does not respond to an initial valuation.
Matthew Perry’s Famous $35 Million Penthouse
Perhaps the most spectacular property in Perry’s real estate portfolio was his full-floor penthouse at The Century in Century City.
Perry purchased the residence in 2017 for $20 million and subsequently renovated it with architect Scott Joyce and interior designer LM Pagano.
In 2019, he placed the property on the market for $35 million.
The approximately 9,300-square-foot residence occupied an entire floor and featured four bedrooms, multiple bathrooms, a screening room, an expansive living area, a center-island kitchen, and four private terraces.
The building itself offered extensive luxury amenities, including security and concierge services, a fitness facility, gardens, and a swimming pool.
The $35 Million Asking Price Didn’t Hold
Perry’s penthouse provides one of the clearest examples of the difference between celebrity real estate marketing and actual market value.
The property initially entered the market at $35 million.
When it failed to attract a buyer, Perry reduced the asking price to $27 million in 2020, followed by further reductions.
The eventual sale was completed in 2021 for $21.6 million.
That was still more than the approximately $20 million Perry had paid for it in 2017, but it was dramatically below the original $35 million asking price.
What Made the Penthouse Special?
The residence was essentially a mansion placed high above Los Angeles.
Notable features included:
- Around 9,300 square feet of interior space
- Four bedrooms
- Multiple bathrooms
- Four private terraces
- Floor-to-ceiling windows
- Custom screening room
- Large center-island kitchen
- Expansive primary suite
- Panoramic city views
- Three covered parking spaces
The building was designed by Robert A. M. Stern Architects and offered a high level of privacy and security—an important consideration for someone as recognizable as Perry.
Matthew Perry’s Hollywood Hills Home
Perry also owned a midcentury property in the Hollywood Hills.
In 2023, Architectural Digest reported that he purchased another Hollywood Hills home for just under $5 million in an off-market transaction. The property sat on approximately 0.22 acres and featured a classic midcentury design.
The home had a very different personality from the enormous Century penthouse.
Its design emphasized:
- Large expanses of glass
- Midcentury architecture
- Indoor-outdoor connections
- A central patio
- A swimming pool
- A more intimate scale
The property later appeared on the market for approximately $5.2 million after Perry’s death.
A Look at Matthew Perry’s Real Estate Portfolio
Perry’s property history becomes easier to understand when the major homes are separated:
| Property | Approx. Purchase Price | Later Sale/List Price | Key Detail |
|---|---|---|---|
| Pacific Palisades | $6 million | $8.55 million | Final residence; sold in 2024 |
| Malibu | $12 million | $13.1 million | Oceanfront home |
| Century City penthouse | $20 million | $21.6 million sale | Listed at $35 million initially |
| Hollywood Hills | Just under $5 million | About $5.2 million listing | Midcentury property |
These figures also reveal something interesting about Perry’s approach to real estate.
He didn’t simply own one enormous mansion. His portfolio moved between different types of properties: coastal houses, midcentury homes, and an exceptionally expensive high-rise penthouse.
Why Pacific Palisades Was Such an Attractive Location
Pacific Palisades has long appealed to buyers looking for a combination of privacy, coastal scenery, and proximity to central Los Angeles.
The area offers a very different environment from dense urban neighborhoods.
For celebrities, that combination can be particularly valuable.
A home can provide:
- Relative privacy
- Access to beaches
- Mountain and ocean scenery
- Quiet residential streets
- Proximity to Santa Monica and West Los Angeles
- Large private lots in some areas
Perry’s decision to purchase there in 2020 therefore made sense from a lifestyle perspective, particularly compared with living in a high-rise environment.
A Crucial Detail About the “Matthew Perry Mansion”
The term “Matthew Perry mansion” can be misleading.
There wasn’t just one enormous Perry mansion that represented his entire real estate history.
Instead, he owned several high-value homes at different stages of his life.
His Century City penthouse was arguably the most extravagant, while his Malibu property was the most directly connected to the ocean. His Pacific Palisades home was smaller and more private, and his Hollywood Hills property represented another chapter in his interest in midcentury architecture.
This distinction is one of the most important corrections to make when researching his homes online.
Matthew Perry’s Real Estate Strategy
There is another interesting lesson hidden in Perry’s property history.
He frequently bought, renovated, listed, and moved between properties.
His Century City penthouse is a particularly clear example. After purchasing it for $20 million, he invested in a substantial redesign before attempting to sell it for $35 million. The eventual $21.6 million sale shows that renovation and celebrity ownership do not guarantee a huge return.
This is a useful reminder for anyone interested in luxury real estate: the most expensive property isn’t necessarily the best investment.
Location, market timing, buyer demand, carrying costs, and realistic pricing matter just as much.
Three Less-Obvious Insights About Matthew Perry’s Homes
1. His largest home wasn’t necessarily his most important one
The 9,300-square-foot Century City penthouse was dramatically larger than his Pacific Palisades residence, but the latter became his final home.
That makes the smaller property particularly significant in discussions about Perry’s life and legacy.
2. His real estate choices changed over time
Perry’s portfolio moved from extremely large luxury properties toward homes with different scales and architectural styles.
That progression suggests that his preferences were not simply about maximizing square footage.
3. Listing prices tell only half the story
The $35 million Century City listing is often repeated because it is eye-catching.
But the eventual $21.6 million sale is far more useful for understanding what the market actually accepted.
The same pattern occurred with the Malibu house, which was listed at $14.95 million but ultimately sold for $13.1 million.
FAQ
Where was Matthew Perry’s final home?
Matthew Perry’s final residence was a midcentury home in Pacific Palisades, Los Angeles. He purchased the approximately 3,500-square-foot property for around $6 million in 2020. The house was later sold in an off-market deal for $8.55 million in 2024.
How much did Matthew Perry’s Pacific Palisades house cost?
Perry purchased the Pacific Palisades property for approximately $6 million in 2020. It was significantly smaller than his 9,300-square-foot Century City penthouse but became his final residence.
Did Matthew Perry own a house in Malibu?
Yes. Perry owned an approximately 5,500-square-foot oceanfront Malibu home that he purchased for around $12 million in 2011. He listed it for $14.95 million in 2020 and ultimately sold it for $13.1 million in January 2021.
How much did Matthew Perry’s penthouse sell for?
Perry’s Century City penthouse sold for $21.6 million in 2021. He had originally purchased it for approximately $20 million in 2017 and listed it for $35 million in 2019 before reducing the asking price several times.
How big was Matthew Perry’s Century City penthouse?
The full-floor penthouse was approximately 9,300 square feet and included four bedrooms, multiple bathrooms, a screening room, a large kitchen, and four private terraces with panoramic Los Angeles views.
Did Matthew Perry own other homes in Los Angeles?
Yes. In addition to his Pacific Palisades, Malibu, and Century City properties, Perry owned homes in the Hollywood Hills and other Los Angeles-area locations during his lifetime. His real estate portfolio changed considerably over the years.
Conclusion
The story of Matthew Perry’s house is really the story of several homes rather than one property.
His Pacific Palisades residence, purchased for around $6 million in 2020, was his final home and later sold for $8.55 million. His Malibu property was a much larger oceanfront retreat that sold for $13.1 million, while his extraordinary Century City penthouse became one of his most notable real estate deals after selling for $21.6 million following a $35 million listing.
Perhaps the most interesting part of Perry’s real estate history is the contrast between these properties. His portfolio included enormous luxury spaces and comparatively intimate midcentury homes, showing that his approach to property evolved throughout his career.
For fans of Friends, these houses offer another glimpse into the life behind Chandler Bing. For real estate enthusiasts, they provide an even more useful lesson: celebrity properties may attract enormous headlines, but the actual purchase price, renovation costs, market conditions, and final sale price tell the more complete story.
