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PriceChopper: Hollywood Celebrity Hideaway

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The listing for this secret "celebrity showplace" won't reveal the address, but says it's located on a private drive somewhere in the Hollywood Hills. The four-bedroom, four-bath house is "newly rebuilt" with stucco and glass and features a master bedroom on its own floor, a media room, a guest house, infinity pool and spa. It's currently tenant-occupied and has been on the market since March. First listed at $5.9 million, it's undergone several pricechops, the latest to $3.995 million. Yes, that's nearly $2 million in reductions in the past six months. Maybe buyers should wait a few more months to see how low they'll go.
· CELEBRITY HIDE AWAY LOS ANGELES, CA 90069 [Redfin]