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Gwyneth Paltrow and Chris Martin Have Yet to Buy New Mansion

June 23, 2012 (3:32 am) GMT
The 'Iron Man' actress and her singer husband reportedly have offered to pay close to the asking price of $10,450,000.
Gwyneth Paltrow and Chris Martin Have Yet to Buy New Mansion

Contrary to swirling rumors, and haven't closed a deal to buy a new home in Brentwood, California. According to E! News, the L.A. six-bedroom mansion which is widely believed to have been bought by the celebrity couple is still on the market.

TMZ reported the house built in 2001 by famed architect Windsor Smith was initially listed at $11,960,000, but the price was later reduced to $10,450,000. The Pepper Potts of "" movie series and the frontman reportedly offered to pay close to the asking price.

The house covers 8,000 sq and has wide-plank hardwood floors. It features a large courtyard, a built-in gourmet outdoor BBQ and a separate cottage at the back. The architect said he envisioned it as "a new model for how I believe vibrant young families live today."

Paltrow and Martin themselves already have a mansion in The Hamptons near New York and a penthouse in Manhattan. The parents of two children also own another house in North London.

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