The asking price for a 13,000-square-foot Corona di Collini mansion in Los Angeles' Los Feliz neighborhood, which on different occasions was owned by Oscar-winning actress Geena Davis and child film star Jane Withers, has undergone a dramatic price cut, from $8.95 million in early 2006 to $5,996,000 today.

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Built in 1926 and designed by architect W.C. Tanner for banker and prominent Democrat Josiah Lee Dabbs, the Mediterranean-style mansion, at 2208 W. Live Oak Drive in Los Feliz, has four bedrooms and seven and a half baths, along with a Spanish Churrigueresque main entrance, according to listing information.

Withers, now 80, purchased the mansion in 1969, a year after her husband had been killed in a plane crash, and began a three-year renovation, according to a 2006 Los Angeles Times article on the house. She installed new arched windows and two massive chandeliers in the living room, the Times reported. Withers sold the house in 1989. Davis then purchased the house in 1992 and later sold it.

Now, the mansion is on the market for a much lower listing price than it was a year ago. Features in the villa include a ballroom-size living room, a baronial formal dining room, twin entertainer's gourmet kitchens, two elevators, a library, an office, a theater, a billiard room, a game room, a cigar lounge, a gym, a bar, maid's quarters and a sitting room, according to listing information. Given its size, the mansion is on a rather small lot with less than a half-acre of land, according to public records. That said, the secluded grounds have an infinity pool, a spa, a barbecue area, a four-car garage and a motor court, according to listing information.

Check out the mansion's listing sheet--complete with several photos--here.