Her parents, actress Blythe Danner and late Hollywood producer Bruce Paltrow, purchased the 7,000 square foot mansion in Santa Monica, California, when she was about four years old.
According to the Mail Online, it was constructed in 1913, has six bedrooms, and is located in Santa Monica's affluent Gillette Regent Square neighbourhood.
According to the publication, the house was sold in 2006, four years after Gwyneth's father passed away as a result of complications from oral cancer and pneumonia. Robert Lawrence Edie of Compass is presently the agent for the listing.
A two-story guesthouse with a gym, a dry sauna, a bedroom, and an office is also included.
In a listing, Robert stated: "2020 Georgina lifts above the competition giving a bespoke and beautifully created experience beyond anything I've seen in Santa Monica. In a market of overbuilt mansions that are indisputably starting to look and feel the same."
Gwyneth, 50, grew up in the same house as her younger brother Jake Paltrow and went to the Crossroads School for Arts and Sciences, a local private school.
Her family moved into a townhouse on the Upper East Side of New York City when she was 12 years old. She now resides on the West Coast with her husband Brad Falchuk, 51, and their two kids, Moses, 16, and Apple, 18, whom she shares with her ex-coldplay frontman Chris Martin.