Actor Colin Hanks has paid $1,025,000 to buy a modest, two-bedroom house in the Beachwood Canyon area of Los Angeles' Hollywood Hills.


Alright, all, we're going to go a shade back in time and catch up on an item (and eventually, some others as well) that we haven't written about up until now. Our friends over at the Real Estalker did a fine job back in October of breaking the news of Hanks' purchase -- *and*, of sussing out the fact that Hanks was the person behind the trust that purchased this 1,560-square-foot house. Indeed, records show that Hanks' Two Monks Trust (through Hanks' money manager Steven Campeas) bought the house way back on September 1, with the deal being recorded on October 7.

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Built in 1926 and designed by noted architect Paul Williams, Hanks' new, Spanish-style house has one full bath, one three-quarter bath, and a large open living room with a barrel ceiling, a fireplace with Batchelder tile and banks of windows, according to public records and listing information. Other features include a formal dining room, a sunny kitchen, a library/den that opens outside. The house sits on a cozy and gated, 0.19-acre (8,477-square-foot) lot that has a studio on it that can be used for a home office or gym, according to public records. Also on the property are grassy gardens, tranquil patio spaces and canyon views, according to listing information.

The house had been on the market for $1,135,000.

Hanks (pictured here with his publicist fiancee Samantha Bryant), 32, appears to us to be a first-time homebuyer.

As the Real Estalker correctly noted, actor Danny Masterson and actress/singer Bijou Phillips are indeed across-the-street neighbors, on the perfectly circular parcel on which their 4,323-square-foot house -- which musician Chuck Berry once owned -- sits. As we exclusively reported in 2007, Masterson and Phillips purchased that property at that time for $2,995,000.

What's more, scads of other celebs' houses dot the area, including:

--Beefcake actor Grant Show's 3,483-square-foot house -- which we wrote about when it was on the market in February 2008 (and no, Show's house never sold -- adjoins Hanks' neighbor's property. Show purchased it for $560,000 in 1997, according to public records;

--Soap opera actress Victoria Rowell owns the 4,354-square-foot house two doors west of Show's house. She purchased it for $825,000 in December 1996 (recorded January 1997);

--And actress Eva Mendes (name spelled Mendez in public records!) lives up the street in a 1,732-square-foot house that she and her boyfriend George Gargurevich purchased in 2002 for $584,000, according to public records.

Separately, other celebs that Steven Campeas has represented over the years in their real-estate dealings have included Rebecca DeMornay, John Stamos and Matt LeBlanc, according to public records.