“We did an interesting thing”: Why Michael J. Fox, Who’s Diagnosed With Parkinson’s, Sold His Luxurious $6.M New York Home for a Devastating $200K Loss

Michael J. Fox's family is the reason why he decided to sell the LA home for a hefty loss.

"We did an interesting thing": Why Michael J. Fox, Who's Diagnosed With Parkinson's, Sold His Luxurious $6.M New York Home for a Devastating $200K Loss

SUMMARY

  • Michael J. Fox enjoyed a successful acting career, amid his struggle with Parkinson's disease.
  • Back in 2008, he bought the six-bedroom residence in Quogue, New York for $6.3 million.
  • However, he sold the property for $6.1 million, revealing a solid reason for the same.
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Michael J. Fox became one of Hollywood’s heartthrobs in the ’80s and ’90s, rising to fame with his iconic roles in Family Ties and the Back to the Future film trilogy. Everything contributed to his devoted fan following, from his remarkable performances to his off-screen personality. Despite how much public attention he garnered at the time, he has remained tight-lipped about his personal life, which is why his battle with Parkinson’s Disease came as a complete shock to his fans. 

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Michael J. Fox
Michael J. Fox in Back to the Future

After revealing about his health condition in 1998, he has since gotten open about his personal life. Back in 2021, he revealed why he sold his luxurious home for a hefty loss. 

Michael J. Fox Got Candid About Selling His Luxurious LA Home

With the work he has done in the entertainment world, he has accumulated quite a fortune. As per Celebrity Net Worth, he enjoys a net worth of $65 million thanks to his different work portfolios like acting and comedy.

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The retired actor has moved quite a lot throughout his career. Despite which, he enjoys quality time with his family in his New York home. Since marrying his wife, Tracy Pollan, they have focused on living a great life with their four kids, Sam, Aquinnah, Schuyler, and Esmé.

Tracy Pollan, Sam Fox, Esme Fox, and Michael J. Fox in "STILL: A Michael J. Fox Movie," premiering May 12, 2023, on Apple TV+.
Tracy Pollan, Sam Fox, Esme Fox, and Michael J. Fox in STILL: A Michael J. Fox Movie| Apple TV+.

According to multiple outlets, they bought the six-bedroom residence in Quogue, New York for $6.3 million in 2008, featuring a library, wine cellar, and one acre of land. However, the pair sold the property for $6.1 million in 2021.

As for what made them sell their luxurious mansion, Michael J. Fox told PEOPLE in 2021, 

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“We did an interesting thing. We sold our house and we went to Santa Barbara for a couple of months. We’re going to go to Malibu later this year and hang out. We don’t have anybody to pick up at school!”

With their youngest daughter Esmé off to college, they found themselves empty-nesters, hence, it allowed them to spend quality time with one another anywhere they wanted.

Other than that, the couple also owned a Manhattan apartment and a mansion down the East Coast in New England. While his real-estate portfolio goes beyond that, he likes to keep his personal life a mystery which is what he did with his health condition as well.

Michael J. Fox’s Parkinson’s Diagnosis Was Secret for Years!

Michael J. Fox in Back To The Future
Michael J. Fox in Back To The Future

The retired actor, who remains away from the public eye, was at the peak of his stardom when he faced health challenges in the early 1990s. As per the Michael J. Fox Foundation for Parkinson’s Research, Fox developed a tremor in his pinky finger while working on Doc Hollywood. However, a neurologist diagnosed him with “young-onset Parkinson’s disease (PD)” at the age of 29. 

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He kept his diagnosis under wraps and continued to appear on several projects before eventually revealing it in 1998. He officially announced his retirement in 2020 due to his declining health. 

As per the Hollywood Reporter, the actor stated in his memoir, No Time Like the Future: An Optimist Considers Mortality,

“There is a time for everything, and my time of putting in a 12-hour workday, and memorizing seven pages of dialogue, is best behind me … I enter a second retirement. That could change, because everything changes. But if this is the end of my acting career, so be it.”

While the personality has taken a step back from acting, he is open to returning to the glam world once again. However, that step requires a certain condition that he wants to be fulfilled, which makes more sense, given that he enjoys his work to its core.

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Written by Priya Sharma

Articles Published: 1094

Priya Sharma, Senior Content Writer and Social Media Manager at FandomWire and Animated Times. Having graduated in Journalism and Mass Communication, she possesses extensive expertise in crafting engaging and informative content. She has written over 2000 articles across Animated Times and FandomWire on pop culture, showing her dedication to delivering diverse and trending content to readers across the world. Apart from pop culture, she is quite enthusiastic about the Hallyu culture and is exploring the world of anime, expanding the horizons of her knowledge.