Former James Bond star Pierce Brosnan and his wife Keely Shaye Smith are preparing to leave their stunning Malibu compound behind after 26 years of calling it home. The decision, which the couple announced recently, marks the end of an era for one of Hollywood's most recognizable residences.
Brosnan, who portrayed the iconic British secret agent in four films between 1995 and 2002, admitted that a combination of factors drove the choice to finally move on. Repeated threats from wildfires in the California hills have cast a long shadow over the property in recent years, making the couple increasingly uneasy about the safety of both the estate and their personal security.
The cost of maintaining such a sprawling Malibu estate has also climbed steadily over the past two decades. Insurance premiums in wildfire-prone areas of California have surged dramatically, and general upkeep of a property of this magnitude — with its expansive grounds, pools, and structures — represents a significant and growing financial burden.
Beyond practical concerns, Brosnan has spoken openly about how life in California has changed for him over the years. The pace, the environment, and the challenges of aging in a state known for its demanding lifestyle have led him and his wife to reconsider what kind of home suits them at this chapter of their lives.
The 73-year-old actor once rented out portions of the compound for $120,000 a month during his time there, a testament to the property's luxury and desirability. The estate was originally listed for sale back in 2021, though the couple appears to have remained in residence since then before now making a definitive push to sell.
Brosnan and Shaye Smith, who married in 2001, have built a family together — including twins Dublin and Ella, born in 2001, as well as Brosnan's adult children from previous relationships. The Malibu compound served as the backdrop for many years of family life, celebrations, and quiet moments away from the Hollywood spotlight.
Real estate experts note that properties in Malibu have become increasingly difficult to insure and maintain in recent years, not just because of wildfire risk but also due to broader climate concerns affecting coastal California. The Brosnans' decision reflects a growing trend among wealthy residents in fire-prone areas to seek safer, more manageable homes elsewhere.
