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Tom Hanks Selling Pacific Palisades Home for $5.2 Million

The "Cast Away" actor, Tom Hanks has reportedly listed his home in the Pacific Palisades for sale with an asking price of $5.2 million.

According to the Zillow Blog, Hanks purchased the home in 1988 during his early acting career. However, he and his wife, Rita soon upgraded to a much larger and posh home in the area that they purchased for $26 million. On the whole, the couple has four properties in Pacific Palisades itself.

Listing records of the home state that the residence is a 6289 square feet residence sitting on a 13,011 square feet lot. The home comprises of four bedrooms and five full and one half bathroom.

Interiors of the house have lovely marble floors and French doors and windows with high cathedral and tray ceilings. The simple home does not look much like a celebrity residence but definitely exudes a certain charm of a cozy single family residence.

The listing describes the home as:

"A tall privacy wall and hedges hint of something special! Welcome to the intimate, alluring lifestyle offered in this legendary villa. Elegant large-scale rooms with charming archways and frescoed ceilings, contribute to the 1920's Hollywood glamour. The classic grand living room with fireplace opens to loggia and gardens. The intimate library is ideal for meditations or reading. The fabulous, sky lit, open kitchen is the heart of the main residence with family dining and sitting areas open to the garden. A lower level has been converted into an incredible closet and storage space. Four family bedroom suites up plus the loveliest sun room with fireplace. The romantic master has a fireplace, a stylish bath and opens to a terrace with ocean views. There is also a private beauty salon upstairs. In addition, a pretty sun-filled guest room, with recently remodeled bath is well-separated from the family quarters. This classic Spanish home is uniquely positioned for privacy and security."

Check out the photos of the home, here.

While Hanks just listed one of his homes from his real estate kitty, various media reports state that he is backing the restoration of World War II Paratrooper Camp in Toccoa at Currahee Inc. Apparently Hanks donated $25,000 to the ambitious project.

"I cannot imagine a more fitting site to recreate and honor as would a refurbished Currahee - a stop for all history students, no matter the age," Hanks said in an email to Robin Sink McClelland, president of Camp Toccoa.


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