EXCLUSIVE: Chris Pratt and Katherine Schwarzenegger Relist L.A. Mansion at a Major Discount—After Moving Into Katy Perry’s Montecito Home

Hollywood actor Chris Pratt and his wife, Katherine Schwarzenegger, have put their sprawling Pacific Palisades, CA, mansion back on the market with a significant price cut—just weeks after it was reported that the couple were renting a Montecito home from pop star Katy Perry.

Pratt, 46, and Schwarzenegger, 35, who wed in 2019 and share three children, initially listed their expansive custom-built property in July 2023 with an asking price of $32 million.

However, while Pratt’s on-screen career went from strength to strength, the duo had a much tougher time finding success in the real estate market. Their mansion languished on the market for more than a year—despite multiple price cuts, which eventually saw the ask reduced to $25.5 million.

In October, just one month before they welcomed their third child, son Ford, the couple delisted the home altogether, with a source telling Realtor.com® at the time that they had opted to wait until their son was born before making another attempt at a sale.

“Katherine is about to have another baby, and they’re going to move once she has the baby,” the source said. “They’re staging the house now and are going to relist it in January or early February.”

The same insider added that the duo had accepted an offer on the dwelling and gone into escrow, before the deal fell through, prompting their decision to delist the home altogether.

Now, it seems the couple are ready and raring to go—with the home popping back on the market with a significantly reduced price of $19.99 million, along with a few new listing photos.

The couple’s decision to sell the home came as something of a surprise given how much work they put into turning the dwelling into the perfect home base for their family, demolishing the existing property soon after they purchased it to make way for a custom mansion. The “Guardians of the Galaxy” star Pratt had purchased the 0.85-acre property in 2018, paying $15.6 million.

Work on the new home took around three years to complete—with the listing noting that it was built in 2021.

The listing notes describe the six-bedroom, 7.5-bathroom abode as a “one-of-a-kind architectural masterpiece.”

“With no expense spared, this property boasts luxury quality construction, with grand scale and volume throughout, flooded with fresh air and brilliant Southern California sunlight,” the description states.

“Each room, including all six beautiful bedroom suites, exudes immaculate attention to detail, presenting a breathtaking moment of its own with the finest bespoke finishes.

“Nestled in the peaceful embrace of the quiet mountains, but only minutes from the beach and heart of the Palisades, this unrivaled offering exemplifies the epitome of luxury living.”

Although Pratt and Schwarzenegger have yet to reveal what spurred their decision to relist, the property’s reappearance on the market comes less than two months after it was reported that the duo had move into one of Perry’s two Montecito homes, which they are understood to be renting while they finish work on their new dwelling in Brentwood.

According to the Daily Mail, the duo moved into Perry’s home earlier in the summer—not long after it was revealed that the pop star had split from Orlando Bloom, her partner of nine years

“The arrangement suits Chris but it’s a bit of a surprise given how Katy fought tooth and nail to get her hands on the house,” a source told the outlet.  

“She previously suggested it was the ideal place for her and Orlando to raise a family. After all that time, energy, and money, it seems unthinkable that they are not going to live in it.”

The home in question has been at the center of a number of controversies—and was the source of a legal battle between Perry, 40, and the home’s former owner, veteran Carl Westcott.

Perry became engaged in a bitter real estate spat with Westcott in 2020, when she struck a deal to buy his Montecito home for $15 million—only for the entrepreneur to back out just days later, claiming he had been under the influence of painkillers when he agreed to the sale.

“The combination of his age, frailty from his back condition and recent surgery, and the opiates he was taking several times a day rendered Mr. Westcott of unsound mind,” Westcott’s lawyers stated in court documents.

However, Perry’s representatives argued that Westcott, a business mogul who founded 1-800-Flowers, had been of sound mind when he agreed to the deal and that he wanted to back out only because he hadn’t been able to find an alternative Montecito property to his liking or budget.

Their yearslong legal battle was finally resolved in December 2023, when a judge ruled in Perry’s favor and ordered that the original sale contract—which was arranged via the pop star’s business manager, Bernie Gudvi—should be upheld.

Perry officially took possession of the home in May 2024.

However, the “Dark Horse” singer is now seeking up to $6 million in damages from Westcott—a move that has been slammed by his family, who have accused her of having “zero empathy.”

A trial is set to begin on Aug. 21, although Westcott’s case has already suffered a blow, when a judge ruled that Perry’s estranged partner will not be required to testify in court—despite the military veteran’s lawyers arguing that Bloom could provide essential evidence because he had been present when a home inspection was carried out in April 2024.

“Why do you need Mr. Bloom to do that, other than to make it a celebrity circus?” Judge Joseph Lipner questioned Westcott’s lawyers in an Aug. 1 hearing, according to Rolling Stone. “Why don’t you just talk to the construction person who actually did it?”

It is currently unclear whether the legal proceedings will have any impact on Pratt and Schwarzenegger’s tenancy. They are understood to be preparing for a move to their new family home in Brentwood, where they will live with their newborn son, as well as his older siblings, Lyla, who will turn 5 on Aug. 6, and Eloise, 3.

Pratt also has another son, Jack, 12, from his first marriage to actress Anna Farris.

Much like Perry’s Montecito mansion, the Pratt-Schwarzenegger home has also been the source of much controversy after it was revealed that the couple had purchased a historic midcentury modern mansion designed by architect Craig Ellwood, only to raze it to make way for a brand-new megamansion.

Design fans were upset by the couple’s decision to tear down the original structure, known as the Zimmerman House, which dated to the 1950s and was considered a design gem.

“Unbelievable the notoriously onerous City of LA doesn’t allow anyone to do anything that makes actual sense–Allowed this midcentury modern house to be TORN DOWN,” real estate agent Julie Chang wrote on X at the time.

“At the same time as architectural homes are being marketed as high-end, collectible art, others are being torn down to build new,” midcentury modern architecture expert Adriene Biondo said.

“Perhaps a historic-cultural monument designation could have saved the Zimmerman House, or allowed the necessary time to delay demolition. Tragically, calls for preservation fell on deaf ears.”