Robert Redford, the renowned 88-year-old actor, is making a significant move by letting go of his tranquil Northern California abode. Back in 2020, he and his wife Sibylle Szaggars Redford purchased a four-bedroom home in Tiburon for $3.1 million. However, due to various reasons, they now find themselves spending more time in Santa Fe, New Mexico.

Reasons for the Move

In a statement to PEOPLE, the couple shared that they were unable to spend as much time in Tiburon as they desired. Sibylle has been focusing on her fine art gallery, Sibylle Szaggars Redford Fine Art, in Santa Fe. Additionally, they are devoting a great deal of time to the nonprofit organization, The Way of the Rain, which is also headquartered there and works towards protecting the environment and promoting global conservation efforts.

Features of the Tiburon Home

The 2,824 sq. ft. split-level home, built in 1968, sits on a mere.2-acre lot surrounded by towering coastal redwoods at the end of a secluded, unpaved cul-de-sac. Overlooking San Francisco Bay, it offers breathtaking views of Keil Cove, Angel Island, and Raccoon Strait. It is also conveniently located near local trail heads, secluded beaches, bike paths, and sailing facilities.The main family room is a bright and inviting space with high ceilings, skylights, and a gas fireplace. The chef's kitchen is equipped with top-of-the-line appliances, a breakfast nook, and a walk-in pantry. The layout emphasizes seamless indoor-outdoor living, with over 1,000 sq. ft. of south- and east-facing terraces to enjoy the natural surroundings.During their time in the home, the Redfords focused on cultivating Mediterranean-inspired outdoor rooms, adding lavender, jasmine, and succulents. They loved spending time outside and improved the outdoor terraces and gardens to create a more inviting flow between the indoor and outdoor spaces.

Connection to Tiburon

The couple has a long history with Tiburon and has owned other homes there in the past. They mentioned that one can walk to most places in the town, including stores, restaurants, and hiking trails in the nearby open space. The town's promenade, with its wonderful views of San Francisco and the Golden Gate Bridge, is a favorite spot of theirs. They enjoy walking the path and greeting other walkers, both people and dogs.

Szaggars Redford's Other Home

Szaggars Redford recently listed a four-bedroom, five-bathroom home in Utah for $3,995,000. This property is located near Redford's Sundance Mountain Resort, where the couple met. She told PEOPLE that this home is near and dear to her heart and has been a source of inspiration for her journey as an artist and an environmental activist.Never miss a story — sign up for PEOPLE's free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories.