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Michael Douglas, Catherine Zeta-Jones Buy Sprawling Hudson Valley Estate Michael Douglas, Catherine Zeta-Jones Buy Sprawling Hudson Valley Estate
Michael Douglas, Catherine Zeta-Jones Buy Sprawling Hudson Valley Estate A famous Hollywood couple who have lived in Westchester County for years has "downsized" by selling one home and quietly purchasing another that's a bit smaller. Michael Douglas and Catherine Zeta-Jones recently sold their 13-acre Bedford Corners estate for $20.5 million, making quite a profit off their purchase price of $11.25 million.  Michael Douglas The duo then turned around and snapped up a $12,000-square-foot home in the village of Irvington-on-Hudson for a mere $4.5 million, according to Variety. And while they certainly won't be squeezed into their new digs, they have downsize…

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by Kathy Reakes