In 2013, Oscar-winning actor Joaquin Phoenix made a discreet addition to his Hollywood Hills property portfolio.

Records show that he purchased a Cape Cod–style house for $1.39 million, located right next door to his existing residence.

The move effectively gave Phoenix more privacy and space in an area known for its secluded luxury.

For the actor, known for keeping his personal life guarded, this real estate decision was both practical and strategic.

Rental Income and Privacy

Phoenix’s newly acquired property wasn’t just a private extension of his home base.

At one point, he rented out the three-bedroom, three-bathroom house for about $10,000 per month.

This dual use—as both a buffer property and an income-producing rental—highlights his pragmatic approach to Los Angeles real estate.

While many celebrities flaunt extravagant estates, Phoenix’s choice reflects a quieter strategy rooted in function and privacy.

Features of the Property

The 2,511-square-foot house, built in a Cape Cod style, features a classic white façade, landscaped yard, and bright interiors.

Inside, the home offers a spacious living and dining room that flow to a peaceful grassy yard with a custom outdoor fireplace and stone waterfall.

The kitchen is equipped with a large island and high-end appliances, opening to a family room and patio with city and canyon views.

A master suite with a huge closet and updated bath adds to its understated luxury.

Expanding His Personal Compound

Phoenix had already owned his primary residence since 2006, purchased for $4.83 million.

That home, though modest by Hollywood standards, was famously showcased in his “mock-umentary” I’m Still Here.

By acquiring the neighboring property, Phoenix joined a growing trend among celebrities: buying adjacent homes to create a personal compound.

This move provided him with additional living space and flexibility, while also protecting the privacy of his longtime Hollywood Hills retreat.

A Practical Approach to Fame

While other actors often seek grandiose estates, Phoenix has consistently opted for understated properties that prioritize functionality over flash.

The decision to rent out his secondary home at market rates underscores his pragmatic view of wealth.

For a star who thrives on keeping the public guessing, his real estate choices offer a rare, grounded glimpse into how Joaquin Phoenix balances Hollywood success with personal sanctuary.

For inquiries regarding copyright, credit, or removal, please contact us using our contact form.

If you enjoyed this sneak peek into luxury homes, “SHARE” and help us spread the inspiration.