Pierce Brosnan and his wife, Keely Shaye Smith, say they are preparing to move out of their Malibu property after living there for about 26 years. Multiple outlets report the home is valued at around $100 million and that the couple has decided to end their long-term stay.

One report adds that Brosnan cites practical concerns, including recurring wildfire threats in the area and rising costs associated with maintaining the estate. According to the same source, the property had been advertised previously as a rental for about $120,000 per month and was listed for sale in 2021. Other coverage focuses more on the couple’s decision to leave the compound, without detailing the specific reasons.