Brad Pitt has purchased a seaside bungalow in California for a cool $40 million recently.

According to the Wall Street Journal the price marks one of the most expensive real estate deals in the Carmel hillside region. The property was not publicly listed for sale so it was sold off the market.

The bungalow was formerly owned by Chicago financier Joe Ritchie and his wife Sharon who have held it since 1999. Joe Ritchie died earlier this year.

The house is named after its original owner, businessman and writer D.L James.

The D.L. James House dates to 1918 and was designed by the early 20th-century architect Charles Sumner Greene and his brother Henry who both owned  architectural firm Greene and Greene.

They were known for their “ultimate bungalows” and respected for their influence in the American Arts and Crafts movement.

The house itself was built from local sandstone and granite and has arched windows and a tiled roof. It also looks to wide views of the Pacific Ocean.

The bungalow is a departure from the mahogany and teak wood compositions that Greene and Greene were best known for. The home is also known as Seaward and was built with locally sourced sandstone and granite. This gives it the effect of blending seamlessly with the surrounding cliffs.

A Mediterranean inspired tiled roof and arched windows gives it a glamourous exterior. Inside the home, local flora and fauna such as gulls, seaweed and seashells are incorporated into carved marble.

Empty bookshelves and sofas are scattered close to the luxury fireplace, with a dining table seen in the background close to the massive windows. Wood framed doors with large panels of glass allows natural sunlight to come in with big bay windows in the study that overlooks the sea.

The Carmel seaside also houses Golden Girls actress Betty White’s home which sold for $10.775 million.