Jim Carrey Lists L.A. Home of Nearly 30 Years for $28.9 Million

Actor Jim Carrey is putting his Los Angeles home of nearly 30 years on the market for $28.9 million.

Mr. Carrey, who was born in Canada, bought the ranch-style Brentwood home in 1994, around the time of the release of his first major movie hit, “Ace Ventura: Pet Detective.” It wasn’t clear how much he paid.

In a statement, Mr. Carrey said the property had been “a place of enchantment and inspiration” to him over “30 very creative and prosperous years.”

“Every night the owls sang me lullabies and every morning I sipped my cup of joe with the hawks and hummingbirds, under a giant grandfather pine,” he said.

The roughly 12,700-square-foot estate includes a five-bedroom main house with a traditional brick facade and contemporary interiors, according to listing agent Janelle Friedman of Sotheby’s International Realty. Spanning about 2 acres, the property has a gym, a tennis court, a waterfall pool and spa, and a pool house with a sauna and steam room. There is also a dedicated outdoor yoga and meditation platform, she said.

The home is infused with elements of Mr. Carrey’s personality. A custom Art Deco-style home theatre, complete with mohair-covered sofas, burl wood columns and a snack area, features costumes from Mr. Carrey’s films in glass cases on the walls. They include a set of blue overalls from “The Cable Guy” and the Santa Claus costume from “The Grinch.” In an adjacent bar area, his Riddler costume from “Batman Forever” is on display, as well as some of his trophies from the MTV Movie & TV Awards.

The home’s neutral, understated aesthetic is punctuated by dramatic pops of colour, some of which are provided by Mr. Carrey’s own artwork: the actor is also a prolific painter who has gained recognition for his bold, graphic and colour-saturated pieces. On the lawn is “Ayla,” a sculpture by Mr. Carrey that depicts a nude woman peering through a picture frame. The art and mementos aren’t for sale with the house.

In the main house, the primary living space has pitched, beamed ceilings with skylights, while the living, dining and family rooms all have their own fireplaces. French doors throughout the home open to a large courtyard patio. The primary bedroom suite has its own sitting area, fireplace, and a covered balcony overlooking the property.

In a statement, Mr. Carrey said he is selling the property because he no longer spends as much time there. “I want someone else to enjoy it like I have,” he said, referencing a famous song by David Bowie: “Ch-ch-ch-changes!”

Mr. Carrey is best known for films like “The Mask,” “Dumb and Dumber” and “Liar Liar.” More recently, he has starred in the “Sonic the Hedgehog” film franchise.

By any traditional measure, Australia’s property market should be moving in sync. Instead, it is fragmenting.

New research from MaxCap, led by Head of Research Bruce Wan, paints a picture of a market no longer defined by national trends, but by sharp regional divergence, where performance gaps between cities are widening, and the smartest capital is moving accordingly.

At the top end of the ladder, Perth and southeast Queensland are surging ahead. At the other, Melbourne and Auckland are only just beginning to recover from recent downturns. And sitting squarely in the middle is Sydney, steady but constrained.

The takeaway is clear: the era of relying on headline markets is over.

The rise of the unexpected leaders

Brisbane and the broader southeast Queensland region have emerged as standout performers, driven by population growth, infrastructure investment and a sustained undersupply of housing.

According to the report, housing values in the region have continued to accelerate, supported by long-term tailwinds including the 2032 Olympic Games and a decade of relatively subdued price growth prior.

Perth is telling a similar story, albeit for different reasons. Once heavily tied to commodity cycles, the Western Australian capital is now benefiting from a broader base of economic drivers, including defence spending and sustained resource sector strength.

The result is a housing market that remains one of the strongest in the country, even as price growth begins to ease from its peak.

Sydney holds, but doesn’t lead

For Sydney, the story is more nuanced.

While prices continue to climb and the city remains Australia’s most expensive market, affordability constraints are clearly limiting its pace. Residential growth, while positive, lags behind smaller capitals, and commercial sectors are being held back by softer demand in key industries.

There are, however, signs of momentum building. New infrastructure, including the western Sydney Airport and expanded rail networks, is expected to unlock development opportunities and support future growth, particularly in emerging precincts.

Still, the report positions Sydney firmly in the “middle of the pack”, no longer the automatic frontrunner for investors.

Melbourne’s slow reset

Melbourne, once a consistent performer, has spent recent years recalibrating.

Extended lockdowns, combined with new state property taxes, have weighed heavily on investor sentiment and pricing, particularly across the commercial office sector. Residential values have also underperformed, though for different structural reasons.

Now, there are early signs of recovery.

Improved affordability, population growth and a stabilising economic backdrop are beginning to draw buyers back into the market, with both residential and commercial sectors showing tentative signs of improvement.

Auckland’s turning point

Across the Tasman, Auckland has faced its own challenges, particularly from an outflow of younger workers to Australia, which has dampened demand and stalled price growth.

But here too, the tide appears to be shifting.

A return to positive migration, lower interest rates and policy changes — including the easing of foreign buyer restrictions — are expected to support a gradual recovery, alongside renewed interest from offshore capital.

A market that rewards precision

If there is one unifying theme, it is this: broad-brush strategies no longer work.

MaxCap’s research highlights that the most compelling opportunities are increasingly found outside the traditional powerhouses of Sydney and Melbourne, requiring investors to take a more targeted, locally informed approach.

“Given these persistent performance gaps, there is plentiful scope for alpha returns, just by picking the right locations and market segments,” the report notes.

In other words, success in this market is no longer about being in property — it is about being in the right property, in the right place, at the right time.

And increasingly, that place may not be where you expect.

Jim Carrey Lists L.A. Home of Nearly 30 Years for $28.9 Million

The actor says the ranch-style Brentwood property has been a ‘place of enchantment and inspiration’

New research shows a widening divide across Australia and New Zealand’s property markets, with investors increasingly forced to look beyond traditional strongholds to find real returns.