Stamford developer buys Gere estate for $10.75M

The former estate of Richard Gere and his wife, Alejandra Silva, was sold to Brookwood Hills LLC, which shares the same address as Stamford luxury real estate developer SBP Homes. Photo courtesy of Realtor.com

NEW CANAAN – A Stamford-based luxury home developer has purchased the actor Richard Gere’s home on Brookwood Lane for $10.75 million, according to land records.

Brookwood Hills LLC, with the same address as SBP Homes, is listed as the new owner of the vast 32-acre estate at 82 Brookwood Lane. Brookwood Hills purchased the property from Kensho Trust on Oct. 10. Jim Hoffman, co-founder of SBP Homes, is listed as the principal of Brookwood Hills LLC. David Rucci is listed as the trustee of Kensho Trust.

The 1938 8,811-square-foot mansion has 16 rooms, including 6 bedrooms, 8 bathrooms, 3 half bathrooms, a kitchen, two enclosed porches, three open porches, a swimming pool, and a three-car garage.

SBP Homes is an all-inclusive general contractor and real estate development company with headquarters at 289 Selleck St. in Stamford. As a full-service developer SBP oversees site selection, acquisition, financing, construction, leasing, property management, and maintenance of properties. Its portfolio includes 75 luxury residences in Connecticut, Southampton (Long Island), South Florida and New York City.

It is not known yet what plans SBP has for the Brookwood Lane property.

At the time of the sale the former Gere estate was valued at $11.1 million. It was assessed at $7.76 million by the Town of New Canaan. The 82 Brookwood Lane property had been assessed as high as $10.15 million in 2020, according to land records.

Through the Kensho Trust, Gere purchased the property in 2022 from the trusts of singers Paul Simon and Edie Brickell for $10.8 million. Simon bought the property in 2002 from the estate of business tycoon and philanthropist Charles Dana for $16.5 million.

Only last year the town Planning and Zoning Commission approved Gere’s request to turn part of the estate into a farm that would sell produce directly to consumers, according to the New Canaan Advertiser. The next step was for Gere and his wife, Alejandra Silva, to seek a tax exemption for farming on the property.

In 2022, Gere had sold his 50-acre Pound Ridge estate over the border in New York for $28 million.

According to a Mansion Global report, the 11,658 square-foot estate at 81 Lyndel Road has eight bedrooms and 11 bathrooms, and the property includes stables, a private lake with a sandy beach and an island, a soccer field, and a swimming pool. Gere purchased the land in 1986 for $1.51 million and the residence was in construction in 2000.

Gere and Silva have reportedly purchased a mansion in Madrid for 11 million Euros ($11.61 million US), according to The Drinks business publication. The property includes a wine cellar. According to The Drinks, “The Pretty Woman” and “Officer and a Gentleman” movie star lauded Spain for its “extraordinary food.”