Brad Pitt sells $39M Los Feliz home nearly three DECADES after buying it for $1.7M : NEWSFINALE

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Brad Pitt if officially bidding farewell to his Los Feliz, California compound after owning and remodeling it for nearly three decades.

The actor, 59, recently sold it for $39million which is a far cry from the $1.7million he shelled out when he bought the home from horror icon Elvira back in 1994, as per TMZ.

The property was originally listed for $45million in January, but it’s unclear what led to the price drop.

Pitt famously resided in the home with his ex-wife Angelina Jolie and their six kids prior to their 2016 split, but he also occupied it independently for many years.

The Fight Club actor is said to be making the move from Los Angeles to a $40million abode in the small beach city of Carmel in Northern California.

Moving on: Brad Pitt if officially bidding farewell to his sprawling Los Feliz compound after owning and remodeling it for nearly three decades; Pitt seen in January

The actor, 59, recently sold it for $39million which is a far cry from the $1.7million he shelled out when he bought the home from horror icon Elvira back in 1994, as per TMZ

The impressive Hollywood Hills estate is nestled in a gated community and rich with history that spans over 110 years.

It was reportedly built by an oil baron back in 1910 and is the place where rock legend Jimmy Hendrix penned his 1967 hit May This Be Love. 

Brad has spent years renovating and building new additions to the property with a team of world-class architects and designers.

The Interview With A Vampire star was said to have been very involved in the designing process as to create his perfect abode.

To expand the acreage, he purchased a number of adjacent lots.

The property’s main house is a whopping 6,700 square feet with five bedrooms and five bathrooms.

The Californian craftsman-style abode has gray roofing and brick chimneys.

There is a cobblestone driveway that transitions to a walkway that leads straight to the front floor.

An abundance of trees and other lush landscaping allows for optimal privacy. 

The property was originally listed with a $45million asking price in January, but it’s unclear what led to the price drop

The impressive Hollywood Hills estate is nestled in a gated community and rich with history that spans over 110 years

There’s two swimming pools located to the right of the property with a jacuzzi, as well as a large Koi pond.

To the left is a skatepark with a full pipe.

There’s also a movie theater, a garage for Brad’s motorcycle collection and at least four guest houses.

Sources claim that guest houses were each made to be two bedroom, two bathroom residences.

Pitt reportedly boasts a $100million real estate portfolio that includes his half of the $160 million French winery he co-owns with ex-wife Angelina, according to velvetropes.com.

The former couple purchased the ‘Chateau Miraval’ back in 2011 and married in a chapel on the premises in 2014.

Pitt and Jolie are currently in the midst of a legal battle over the Changeling actress’ desire to sell off her portion.

Pitt accused her of doing it to willfully ‘inflict harm’ by entering into the sale with a total ‘stranger,’ thus violating their agreement.

Meanwhile, Jolie slammed Pitt’s claims as ‘frivolous, malicious, and part of a problematic pattern,’ according to court docs obtained by RadarOnline last year.

Pitt has also owned properties in the Hollywood Hills, New Orleans, Malibu and a $5million beach house in Goleta.

Pitt recently splashed out $40million for the historic D. L. James house known as ‘Seaward’ that overlooks California’s stunning central coast in Carmel. 

It is reportedly the highest priced property ever to be sold in the area. 

Pitt is rumored to be dating LA-based model Ines de Ramon, 29, who split from her husband Paul Wesley last year.

The pair have reportedly been dating since November and have been spotted on numerous date night in recent months. 

Pitt reportedly boasts a $100million real estate portfolio that includes his half of the $160 million French winery he co-owns with ex-wife Angelina, according to velvetropes.com; seen in February

Legal battle: Pitt and Jolie are currently in the midst of a legal battle over the Changeling actress’ desire to sell off her portion; seen in 2015

Accusations: Pitt accused her of doing it to willfully ‘inflict harm’ by entering into the sale with a total ‘stranger,’ thus violating their agreement; seen in 2015

A source told DailyMail.com that Pitt has already introduced Ines to ‘most of’ the six children he shares with Angelina and that he and his new partner have each been a source of support to one another after ‘bonding’ over their respective divorces.

Despite finding love again, Pitt is still tied to Jolie as their years-long custody battle rages on.

It’s taken nearly a decade and now three of the pair’s six children are of legal adult age.

Pitt and Jolie share sons Maddox, 21, Pax, 19, Knox, 14, and daughters Zahara, 18, Shiloh, 16, and Vivienne, 14.

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