Actor David Hasselhoff has re-listed his 6,148-square-foot house in Los Angeles' Encino area for $4,195,000, after first having it on the market at the start of the year for $5,950,000.

We know this isn't breaking news, since so many of our respected peers already have written about this listing. But, we wanted to make our readers aware of it anyhow, before moving on to some other items. Records show that Hasselhoff listed the house with the new, current and greatly reduced asking price on August 3. The house is on the market as part of a divorce settlement between Hasselhoff and his former wife, Pamela Bach.

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Built in 1988, Hasselhoff’s five-bedroom house, which is in one of the nicest and most celebrity-intensive areas of Encino, has five and half baths, a gourmet kitchen, an elevator, an office, a gym, a sports bar, a library, a media room, a two-story living room with soaring ceilings, and a master suite with a fireplace and his and hers baths, according to public records and listing information. Outdoor features on the 1.482-acre parcel include a grotto-style pool and spa with a waterfall, a lighted tennis court, a double-gated private driveway, a motor court and two private guest houses, according to public records and listing information.

Hasselhoff and Bach paid $1,980,000 to purchase the house in 1996 from actor John Goodman, according to public records.