The chemical composition of natural products is complex and the investigation of bioactivities of compounds of interest demands their isolation. S. terebinthifolia Raddi is a tree belonging to the Anacardiaceae family and is used in Brazilian folk medicine; its fruit (pink peppers) are used in cooking and its bark in phytomedicine. Extracts of other parts of this plant contain a plethora of components and merit further studies. Countercurrent chromatography (CCC) is frequently employed with natural products due to the high sample recovery rate. The objective of this work was to determine the best solvent system (SS) to fraction the ethanol extracts of leaves, flowers and fruit of Schinus terebinthifolia by CCC and isolate compounds of interest and elucidate their structures through nuclear magnetic resonance (NMR) and mass spectrometry (MS). In addition, antiproliferative, potential cell regeneration and antioxidant activities of the fractions of interest were evaluated. In the present work, three compounds were isolated; two were identified as anacardic acids [(6-(8′, 11′-heptadecadienyl)-salicylic acid and 6-(8′-heptadecenyl)-salicylic acid], as well as (Z)-masticadienoic acid. These compounds showed antiproliferative and potential cell regeneration activities as well as varying degrees of antioxidant capacity. Although these compounds present potential therapeutic activity, more studies are necessary to confirm their safety.