Liam Hemsworth is all about downgrading right now, even though that means losing millions in the process.

The Hunger Games actor, 30, sold the property to an unidentified buyer for $3.6 million in an off-market deal in October. Variety reported that Hemsworth purchased the 7.4-acre place for $6.8 million in 2014, four years before California wildfires scorched the home in November 2018.

The unidentified buyer bought the two lots the former home stood on, a burned-out concrete foundation, “an untouched pool, plus acres of semi-charred rolling hills,” as reported by Dirt.

It’s all a dramatic shift from several years ago, when the bucolic spread included a long driveway that meandered over a gurgling creek, an updated 1950s ranch-style house, a recording studio, detached writing studio, concrete barn, and a big grassy lawn. The property is nestled deep into the rolling Malibu hills, within a private gated community where other homeowners include Megan Fox, Emmy-winning producers Marcy Carsey and Richard Appel, and helicopter heiress Cindy Robinson.

Cyrus loved the place so much she wrote her song “Malibu” about it and bought the smaller house next door — which somehow survived the fire and which she still owns. As for Hemsworth, he now lives outside Sydney, Australia and dropped $4.25 million on a spread in Byron Bay.

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