EXCLUSIVE: Scarlett Johansson and Ryan Reynolds Put Hollywood Hills Mansion Up For Sale for $4.95 Million

Scarlett Johansson and Ryan Reynolds are on the move - at a price.

The glamorous couple have listed their 4,232-square-foot Hollywood Hills mansion for $4.95 million, RadarOnline.com has confirmed - well short of the $7 million Scarlett paid for the 4 bedroom, 5.5 bathroom Spanish-style house in 2007.

The deep loss is a sign of the economic times!

The home is a Spanish style estate, built in 1931. The gated home has been restored and updated with upgrades that include solar electric. The home also includes a media room, gym or maids room with full bath, extensive basement areas, a lap pool and spa with a tranquil hillside view.

The real estate listing describes the home as: "Stunning walled and gated Spanish Villa circa 1931. Extraordinary restoration recently completed. Rare and unique with 1st floor rooms opening to giant center atrium through romantic loggia. Chef's kitchen, period tile, pool and gardens. Massive system upgrades include solar electric. All new windows and doors. Rooms flow in and out to terraces, patios and cascading gardens. Gourmet period style kitchen with "Big Chill" appliances opens to pool area. Media room, gym or maids room with full bath, extensive basement areas. Gated porte-cochere and much more!"