‘Friends’ Matthew Perry  is under contract to sell his contemporary home, which was most recently on market for $12.5 million

Actor Matthew Perry is under contract to sell his roughly 5,500-square-foot, contemporary Malibu, Calif., home, according to people familiar with the sale. The home was most recently on the market for $12.5 million.

The home was listed in late 2011 for $13.5 million before being reduced to $12.5 million in May. According to Mark Rutstein and Greg Holcomb of Partners Trust Real Estate Brokerage & Acquisitions, which handled both sides of the transaction, it sold for close to asking price.

Located on about 2 ½-acres in the gated community of Serra Retreat, the home, called the Pier House, overlooks the Pacific Ocean through sliding glass panels that open up to a pool deck and outdoor entertaining area. The home has two fireplaces, smart-home automation features and a media room.

Mr. Perry bought the property for about $6.55 million through a trust in 2005, according to public records and people familiar with the listing. The actor, who will star in the coming series “The Odd Couple,” couldn’t be reached for comment.

See this home at: http://www.wsj.com/articles/matthew-perry-is-selling-in-malibu-1422553628?tesla=y

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