Onetime Bel-Air home of actress Reese Witherspoon returns at nearly $14 million

A Bel-Air estate that was once the home of actors Reese Witherspoon and Ryan Phillippe is back on the market for $13.95 million, down from about $16 million last year.

The handsome brick and half-timbered Tudor was designed by architect Gerard R. Colcord for a prominent insurance executive. Completed in 1969, the home was so beloved by the businessman and his wife that they had it replicated in Coeur D’Alene, Idaho, after relocating to the area, according to “Colcord Home” author Bret Parsons.

Set amid mature oaks and sycamores, the two-story house takes its cues from the medieval halls and churches of England. Pitched and beamed cathedral ceilings, oak plank floors and detailed woodwork are among details of note. Picture windows with square and diamond bevels take in leafy views.

Within nearly 8,650 square feet of interior space is a living room with an oversized fireplace, a formal dining room, a modernized kitchen and a media room with a wet bar. The master suite is appointed with an updated bathroom and a sitting room for a total of five bedrooms and 5.75 bathrooms.

The roughly one acre of grounds also includes a guest house and a secondary structure that holds a wine cellar. Elsewhere is a swimming pool.

Witherspoon and Phillippe bought the house in 2001 for $3.3 million and owned it for about three years, records show.

Jerry Jolton and Michael Sahakian of Coldwell Banker Residential Brokerage hold the current listing.

[email protected]

Twitter: @LATHotProperty

MORE FROM HOT PROPERTY:

Charlie Sheen puts his L.A.-area home up for sale at $10 million

Whoopi Goldberg gets her price and a bit more for Pacific Palisades home

Former Steelers all-pro James Farrior finds a new home field in Tarzana

Beck pulls in $3.44 million for finely tuned Colcord home in Brentwood