In 2013, Sarah Michelle Gellar and Freddie Prinze Jr. paid $6.1 million for their home in Los Angeles; 13 years later, they have reduced the asking price to $9.95 million.

Sarah Michelle Gellar and Freddie Prinze Jr. reduced the asking price of their former family home in Los Angeles by $550,000, just three months after putting the property on the market. PEOPLE first reported the price cut, while Realtor.com provided additional details about the sprawling Mandeville Canyon residence. The couple has now reduced the asking price to $9.95 million, down from the $10.5 million price tag attached to the property when it was listed for sale in May. The reduction occurred on August 24, according to property records cited by PEOPLE. Gellar and Prinze bought the home in 2013 for $6.1 million, meaning the latest sales price is about $3.85 million higher than what they originally paid, before accounting for the cost of ownership, improvements and other expenses over the years.

A six-bedroom family home in Mandeville Canyon

The property is located in Los Angeles’ coveted Mandeville Canyon and encompasses approximately 7,300 square feet. PEOPLE describes the residence as having six bedrooms and six bathrooms. The discrepancy appears to arise from differences in how rooms are classified in the listing materials.Designed in a Hamptons-inspired style, the home combines spacious interiors with spacious outdoor spaces. Featured features include a swimming pool, built-in spa, covered patio, outdoor kitchen and barbecue area. Inside, the home has an open-plan kitchen and living room, a formal dining room, several fireplaces, and a bar. The master suite includes a private sitting room, a large balcony overlooking the backyard, a spacious bathroom, and two walk-in closets. The property also includes a gym, additional living spaces, and a third level living room that has been used as a family and game area.

From family home to rent for $60,000 a month

The residence was not simply a place owned by the couple, but was their family home for more than a decade. Gellar and Prinze, who married in 2002, raised their two children, Charlotte and Rocky, there. The couple briefly offered the property for rent in March 2025 for $60,000 a month, according to property records cited by Realtor.com. Listing images suggest the family had already moved in when the house went up for sale.Its listing agent, Cindy Ambuehl of Christie’s International Real Estate Southern California, described the home as particularly suited to family living, noting its privacy, natural light and practical design. The couple has not publicly explained why they decided to leave the property. However, Realtor.com reported that Gellar’s social media activity suggested the couple may have already purchased another home.

A home that became part of their family history.

The sale comes as Gellar and Prinze mark nearly a quarter century of marriage. They celebrated their 24th wedding anniversary on September 1, 2026, and Gellar shared throwback photos of the couple.Over the years, Gellar has also spoken about what homeownership has meant to her. Having grown up in a New York City apartment building, he previously described purchasing his first property at age 20 as overwhelming and a major personal milestone.Now, after 13 years in their Brentwood-area home, the couple is looking for a buyer willing to pay nearly $10 million for the next chapter of a property that once served as a backdrop to their family life. The $550,000 reduction may make the listing more tempting, but for now, the couple’s former Hollywood home remains on the market for $9.95 million.