Reese Witherspoon sold her $17 million Pacific Palisades mansion in an all-cash deal
. Deeds and documents show the Oscar-winning “Big Little Lies,” “Walk the Line” and “Legally Blonde” star successfully sold her house for a few hairs above $17 million — and in an all-cash deal, to a buyer who required no mortgage.
But at the time of Witherspoon’s purchase, the 10,000 sq. ft. mansion was still under construction, and she subsequently spent another veritable boatload on costly upgrades, including the installation of a visually impenetrable hedge that screens the entire front of the property. According to neighbors, she also built a guardshack on the .42-acre lot for a full-time security detail — something that reportedly did not go over well with members of the Riviera Homeowners Association.
According to records, the $17 million buyers are automobile accessories heiress Robin Formanek and her husband John Cianciolo, both originally of Memphis, Tennessee. The former is the only living child of, the recently deceased co-founder of AutoZone, which now employs 87,000 workers across more than 6,000 locations.
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