Talk-show host Leeza Gibbons and her estranged husband have placed their 11,134-square-foot house in Los Angeles' Hollywood Hills back on the market for a reduced price of $7,395,000.


As we catch up on items that we missed during our hiatus, we wanted to quickly weigh in on Leeza's re-listing of her home for a lower price (but not *that* much lower). Leeza, 51, first listed the house back in 2005 for $8,750,000 and later reduced it to $7,995,000 in late 2006, as we wrote on December 22, 2006.

Built in 1924, Leeza's eight-bedroom house has been completely renovated and remodeled, and has six and a half baths, two kitchens, a large master suite that was converted from another bedroom, elegantly applied carved moldings, and stone, iron and hardwood finishes, according to listing information. The estate also contains a one-bedroom, 2.5-story guest house with an office and an artist studio that was built in 2000, according to listing information. The house sits behind gates on a street that extends that extends north from Hollywood Boulevard and is up a long driveway on a 0.87-acre (37,688-square-foot) lot, according to public records.

Public records that we were able to dig up (with some amount of work) told us that the couple paid $1,995,000 to purchase the house in 1991 (consistent with the 'nearly $2 million' figure quoted in the Wall Street Journal back in 2006).

The property once was owned by actress Joan Crawford, and once was featured in Architectural Digest.

The house came back on the market on September 15. The Los Angeles Times' Ann Brenoff first wrote about this listing back on September 18. And then, our friends over at the Real Estalker gave their customarily thoughtful take on this property on September 24.

Our guess is that the estranged couple will need to accept a whole lot less if they want to unload this house.

Check out an online listing sheet for the house -- complete with photos. And take a look at a website for the house.