The 72-year-old Gere listed his Pound Ridge residence for $28 million, and moved to the estate in North Salem, according to a late-January report from Dirt, which covers the luxury real estate.
The move to the $9.98 million, 35-acre, red-brick, seven-bedroom, nine-bathroom North Salem estate was described as a "downsizing" by the Daily Mail, which published a gallery of 17 photos of the new digs.
The home was built in 1934 for Richard W. Woolworth, an heir to the iconic retail company, the Daily Mail said.
Gere starred in such movies as "An Officer and a Gentleman," and "Pretty Woman."
Gere married his third wife, 38-year-old political activist/publicist Alejandra Silva in 2018.
Read the Daily Mail report here.
Click here to follow Daily Voice Somers and receive free news updates.