Scarlett Johansson’s Hollywood Hills Home Listed for $4,950,000

Ooh, this has to hurt: Actress Scarlett Johansson purchased this Hollywood Hills home in 2007, paying $7 million and now she has listed it for sale for $4,950,000 — a price reduction of $2,050,000 (see percentage of Hollywood Hills homes sold for a loss).

This gated Spanish Villa was built in 1931 and just underwent a complete restoration, including some green upgrades such as solar power. A gourmet period-style kitchen includes “Big Chill” appliances (retro, baby). Rooms flow in and out to terraces, patios and cascading gardens.

Johansson has starred in films such as “Lost in Translation,” and “Vicky Cristina Barcelona,” and is reportedly spending more time in New York where she is making her Broadway debut to rave reviews in Arthur Miller’s A View from the Bridge.

> See more photos of Johansson’s home

> See more Hollywood Hills real estate

> See Hollywood Hills home values

(Photo courtesy CNN)