"Chicago" star Richard Gere has decided to sell his New Canaan home in Connecticut. Gere bought the house in 2022 through a trust linked to him from singer-songwriters Paul Simon and Edie Brickell for $10.8 million. Simon and Brickell sold at a loss, as they paid $16.5 million originally.

The “Pretty Woman” star paid married musicians Paul Simon and Edie Brickell around $25,000 more for the New Canaan, Conn., property two years ago.

Amid his move to Spain, the “Pretty Woman” star parted ways with his New Canaan spread — and it’s not the first time it sold for less than the purchase price.

"Pretty Woman" star Richard Gere has sold the Connecticut estate he purchased from musician Paul Simon for $10.75 million, just a few months after he voiced his desire to leave the U.S. and pursue a life in Spain.

Richard Gere sold his 32.8-acre Connecticut mansion for the sweetest reason possible: to move closer to his wife's family. In 2022, he purchased the home in New Canaan from Grammy-winning singer and songwriter Paul Simon and his wife,

Richard Gere sold his Connecticut estate for $10.75 million, taking a $50,000 loss as he plans a move to Spain with his family.