Malibu Lautner sold to Gwenyth Paltrow & Chris Martin

List price:  $14,995,000  Sales price:  $14,000,000

Address:  28815 Grayfox St, Malibu

3650 Square feet - 4 bedrooms, 3 baths

John Lautner's Garwood Residence, originally built in the early 1970s on a bluff-top spread on over an acre  in the celebrity-packed Point Dume area with neighbors like Julia Roberts, smooth jazz saxophonist Kenny G, comedian Don Rickles, and Red Hot Chili Peppers drummer Chad Smith (sounds like one fun block party).  Although the home is quite small compared to the two other homes the couple owns (a 33 room mansion in the Belsize Park area of London, and an 8000 square foot in LA's Mandeville Canyon), it's all about the grounds here, as it should be with this location, with amenities that include a 50-foot pebble stone swimming pool, a lighted tennis court shielded by thick shrubbery, a fitness room and yoga studio, an outdoor kitchen and dining area tucked under the house and highly coveted deeded access private Little Dume Beach.