In 2016, Gwyneth Paltrow bought 2.4 acres in Montecito for $4.9 million during a historic drought; over a 6-year journey, she razed two old homes and built a 14,000-sq-ft estate with more than 60 solar panels and a graywater system

Gwyneth Paltrow's sprawling Montecito home began with a $4.9 million property purchase and a decision to start almost entirely from scratch. The actor and Goop founder bought 2.4 acres in the California community in 2016.

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