Brad Pitt and Angelina Jolie are selling their Long Island mansion.

The "Mr. & Mrs. Smith" stars have agreed to put their property in Long Island on the market. According to the listing, the mansion is available for $55 million, Observer reported.

Pitt, Jolie and their kids occupied the palatial estate in 2009 when Jolie was still filming "Salt". The 47-acre waterfront property includes a 20,000-square-foot Tudor revival-style estate called Sassafras. It was built in 1987 and comes with its own private cove, New York Post added.

It has a 48-foot cathedral ceiling, great hall and study and formal dining room. It also includes an enclosed outdoor dining veranda.

The property includes eight bedrooms, eight bathrooms and four half bathrooms. Its master suite offers one a good view of Long Island Sound and Connecticut.

There are two guest house 5, 500 square guest house and a log cabin "tea house" that has water views and a water cabana with full kitchen and a deck. That's not all because it has a tennis court, outdoor kitchen, a private pool and a private pier too.

In January, Jolie and Pitt have agreed to settle their divorce in private. The exes opted to work together to reunify their family and to keep the progress of their divorce settlement confidential.

"The parties and their counsel have signed agreements to preserve the privacy rights of their children and family by keeping all court documents confidential and engaging a private judge to make any necessary legal decisions and to facilitate the expeditious resolution of any remaining issues," Pitt and Jolie said in a joint statement (via The Guardian). "The parents are committed to act as a united front to effectuate recovery and reunification."

The exes have since moved on from each other. On Dec. 18, Pitt turned 54. According to an insider, the "War Machine" actor is doing good following his split from Jolie. In fact, he is already casually dating.

"In a sense, this split was good for Brad because he sized himself up and realized there had to be changes," a source told People. "Brad and Angie are doing OK, working out time for him to be with the kids which he treasures."

What can you say about Jolie and Pitt are selling their Long Island property? Do you agree that this is best for them since they have separated? Drop a comment below.