LOS ANGELES -- Oscar-winning actress and avid historical home restorer Diane Keaton has put her latest project on the market in Pacific Palisades, Calif., at $8.5 million.
Keaton spent more than two years renovating a Lloyd Wright-designed midcentury house built for another Oscar winner, Alfred Newman. The nine-time Academy Award recipient, who died in 1970, composed music for more than 200 movies during his 40-plus-year career.
In the main house, Keaton restored the woodwork and built-in furniture, updated the kitchen and reworked the second story to create a loft-like master bedroom suite with walls of glass. There are five bedrooms, 3 1/2 bathrooms and four fireplaces in 4,386 square feet of living space.
The lead actress Oscar winner for "Annie Hall" (1977) also renovated Wright's Los Feliz, Calif., landmark Samuel-Novarro House, which she sold to Christina Ricci; a Wallace Neff-designed Spanish-style estate in Beverly Hills, Calif., that she sold to Madonna; a Bel-Air, Calif., hacienda designed in the style of George Washington Smith; a Spanish-style hillside home in Laguna Beach, Calif., and a Ralph Flewelling-designed Spanish Colonial Revival in Beverly Hills on the market at $10,950,000.
Keaton will appear in the comedy "Morning Glory," due out in the fall. She purchased the Newman estate in 2007 for $9.1 million, according to public records.
Because she has a knack for selling to other celebrities, perhaps she'll find a buyer in Newman's nephew, singer-songwriter Randy Newman, who popularized the unofficial city anthem "I Love L.A." and also has an Oscar to his credit.