Ryan Phillippe Cuts Price On Hollywood Hills Bachelor Pad (PHOTOS)

Celebrity Homes
Check out Hollywood's famed homes!
Ryan Phillippe is slashing the price of his Hollywood Hills mansion after trying to unload it for nearly two years.

The 37-year-old actor paid $7.1 million for the home and moved into it after his 2007 split from Reese Whiterspoon. In 2010, he listed the dwelling for $7.45 million but attracted no buyers. The asking price today: $6.95 million.

What are the details of the discounted pad?

The 7,500-square-foot gated home boasts five bedrooms and seven bathrooms, along with a swimming pool that his children with Witherspoon — Ava, 12, and Deacon, 8 — have enjoyed over the years.

The highlight of the home is a giant master suite, which takes up a whole level of the house and includes two baths and a gym.

To see all the pics of Phillippe’s lavish home,  click through the gallery above.

Do you think it’s worth its new asking price? Sound off in the comments.