Celebrity real estate

Angelina didn't buy heart-shaped island for Brad

Nov. 26, 2013 at 1:02 PM ET

Video: CNBC's Robert Frank debunks rumors that Angelina Jolie bought a private island for Brad Pitt's 50th birthday.

It was a nice thought.

But according to people close to the situation, Angelina Jolie did not buy a private island in upstate New York for Brad Pitt's 50th birthday.

"We have no idea how this rumor got started," one person said. "The property is still on the market."

Reports have been swirling around the Internet — from the Daily NewsDaily Mirror and others — that Jolie bought Petra, a heart-shaped private island on Lake Mahopac in upstate New York, for a 50th birthday present. 

The property, called Petra, sits on an 11-acre island and has a 5,000-square-foot house that was based on designs from Frank Lloyd Wright. It also has a cottage designed by Wright. 

People close to the situation said the island is still on the market for $19.9 million. They said that they have never received any calls or inquiries from Pitt or anyone connected with the couple.

"I don't even think this would be right for them," said one person close to the property. "It's not really private enough."

—By CNBC's Robert Frank. Follow him on Twitter @robtfrank.

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