UPDATE: The Beatty-Benings Decide to Sell

SELLERS: Annette Bening and Warren Beatty
LOCATION: Beverly Hills (Post Office), CA
PRICE: $6,995,000
SIZE: 10,594 square feet, 9 bedrooms, 10 bathrooms

YOUR MAMAS NOTES: Late last year (2011) agéd Tinseltown heart throb (and Oscar winner) Warren Beatty and 4-time Oscar-nominated wife Annette Bening put a huge home they own (and long occupied) in the Beverly Hills Post Office area up for lease with a monthly rent of $27,500.

A little over a month later the Hollywood superstars dropped the price to $25,000 per month and then chopped it again to its current rental asking price $19,995 per month. With no takers for the property as rental, the Beatty-Benings decided to go another route this week and put the Mulholland Drive estate up for sale with an initial asking price of $6,995,000.

Current listing information shows the gated and secluded estate encompasses 1.1 acres with a 10,594 square foot mock-Med mansion built in 1992 with 6 bedrooms and 8 bathrooms plus a staff suite and separate guest house that brings the total count to 9 bedrooms and 10 bathrooms.

A long, gated drive way curves up to a good-sized motor court with three car garage at the front of the two-story mansion that opens through a French doors along the back to a wide and flat, tree-shaded lawn and in-ground swimming pool and spa with through-the-tree-top-views over the San Fernando Valley.

As far as we know, which ain't nuthin', the Beatty-Benings have moved (back) to their sprawling 6.7-plus acre compound less than two miles down Mulholland Drive where the massive main house was recently built after the old one was severely damaged in the 1994 Northridge Earthquake.

listing photos: Westside Estate Agency