Matthew Perry’s Real Estate Journey: From Luxury Mansions to Modest Homes
Beloved actor Matthew Perry, best known for his role as Chandler Bing on the hit sitcom Friends, amassed a fortune not only from his successful acting career but also from his savvy investments in real estate. Over the years, Perry had built an impressive portfolio of luxurious properties, but in recent times, he made a significant shift by downsizing and opting for more modest homes.
Perry’s real estate journey began in 1994, just a year after Friends premiered, when he purchased a two-bedroom home in the upscale Hollywood Hills area. This purchase was a rite of passage for many successful sitcom stars. Although the exact purchase price is unknown, Perry eventually sold this mansion in 2001 for $839,000.
In 1999, Perry upgraded to a stunning 6,500-square-foot mansion in Beverly Hills, which he bought for a reported $3.2 million. The contemporary property boasted impressive features such as glass walls, a pool, a sauna, and various entertainment spaces. After six years, Perry sold the mansion for a substantial profit of $6.9 million.
In 2005, Perry added another property to his collection—a furnished two-bedroom condo on the Sunset Strip, previously owned by the legendary musician Sir Elton John. Situated in the Sierra Towers building in West Hollywood, this corner unit cost Perry around $2.5 million.
The following year, Perry splurged on a 4,100-square-foot mansion also located on the Sunset Strip. With its glass walls, patio, swimming pool, multiple fireplaces, and home theater, this property was a true gem. Perry sold it in 2014 for an impressive $5.695 million.
Returning to Malibu in 2011, Perry purchased a magnificent $12 million beachfront home, aptly named the Pier House. This property became his sanctuary, housing the Perry House—an oasis that offered holistic services to aid men in their journey to sobriety. However, in 2015, Perry decided to close the beach compound.
In 2008, Perry moved to a stunning glass-covered mansion on Carman Crest Drive. This three-bedroom home, purchased for $4.475 million, exhibited modern architecture and exquisite design. Perry sold this property for $4.6 million in 2013 but had already moved on to another glamorous glass-covered home in the Hollywood Hills, which he acquired for $8.5 million in 2011.
Perry then ventured into the ultimate luxury in 2017—a penthouse in the exclusive Century building, often referred to as a mansion in the sky. Boasting over 9,000 square feet, this opulent abode was originally priced at $21 million. Perry hired renowned interior designer LM Pagano to give the four-bedroom, eight-bathroom space a grand makeover. Later, pop star Rihanna purchased this sprawling penthouse for $21 million.
In the summer of 2020, Perry sold his Malibu beach house for $12.95 million, slightly below the original listing price but still profitable. During the same period, he purchased a charming $6 million cottage in the Pacific Palisades neighborhood of Los Angeles.
Tragically, it was in this Pacific Palisades home that Matthew Perry was found dead in his hot tub. While initial reports suggested a possible drowning, the official cause of death has not yet been confirmed.
Just months before his untimely passing, Perry acquired an all-white Mid-century modern mansion in the Hollywood Hills, spanning 2,566 square feet and offering three bedrooms. Built on a sloped 0.22-acre plot, this property exemplified Perry’s refined taste.
Matthew Perry’s real estate journey took him from opulent mansions to more modest homes. Throughout the years, he made shrewd investments and profited from his property sales. However, his tragic passing has left fans mourning the loss of a talented actor known for his iconic role on Friends.
