Real Estate News | Celebrity Property
Tom Hanks Selling 'Legendary Villa'
By WPC Celebrity Team | June 17, 2013 11:53 AM ET
Hollywood actor Tom Hanks and actress-wife Rita Wilson are selling the Spanish-style home in Pacific Palisades they've owned for 25 years for $5.225 million.
Built in 1929, the "legendary villa" has 1920s Hollywood glamour with elegant large-scale rooms, archways, frescoed ceilings and a sky-lit kitchen, according to the listing.
The four-bedroom, 5.5 bath, 6,289-square-foot classic home has a private beauty salon, a library, a loggia and a guest room. The master suite has a fireplace and terrace with ocean views.
The couple purchased the home in 1988 and is one of four California residences the couple owns, according to the NY Daily News. Three years ago they purchased a 14,513-square-foot contemporary house for $26 million also located in Pacific Palisades.
Mr. Hanks is known for his work in "Forrest Gump," "Saving Private Ryan," and "Castaway," among other films. He costarred with Mrs. Wilson in "Sleepless in Seattle."
Pacific Palisades is well known for its celebrity clientele. Comedian Larry David also recently listed his estate in Pacific Palisades.