'Flipping Out' Star Shaves $1 Million From Hollywood Flip

LOS ANGELES, CA — After putting his stunning Hollywood Hills home on the market for almost $8 million, "Flipping Out" star Jeff Lewis has dropped his asking price by a cool million.

That may seem like a big loss, but it's still a tidy profit for the reality TV star, who bought the home in 2015 for or $2.484 million. It's the second time he bought and sold the 1925 home, after sold it in 2003 for nearly double what he paid for it, according to the Los Angeles Times.

Originally built as an early Hollywood Spanish Villa, little trace of it's historic Spanish charm remains. The home's exterior is features a limestone facade and all-new metal grid windows and doors, according to Realtor.com. The master suite boasts sweeping views of the hillsides from two sides, a private patio and a black-and-white bath and a walk-in closet with an island. The home features three bedrooms and 4.5 bathrooms.

The views span across LA and are, perhaps, rivalled only by the herringbone floor made reclaimed wood.

• Address: 8590 Hollywood Blvd, Los Angeles, California
• Price: $6,995,000
• Square Feet: 4334
• Bedrooms: 3
• Bathrooms: 4 Full and 1 Half Baths
• Built: 1925
• Features: A 3-year masterful effort to reimagine this property has resulted in an incomparable estate residence unlike anything in the area. Steel reinforced construction on an almost entirely new pile foundation is the basis for this incredible structure with courtyard entry and limestone exterior facade. Open plan to dining and living areas, all with city views. Reclaimed antique solid oak wood floor in custom herringbone pattern throughout. The kitchen features dual islands with new custom cabinetry, integrated Sub Zero/Wolf Appliances, and honed Nero Marquina countertops, flanked by a 400 square foot patio with firepit and expansive city views. Master suite with 180 square foot private patio, custom walk-in closet with island, and breathtaking master bath, all oriented to take advantage of the views. Two additional bedroom suites and a great room with entertainer's bar, all opening up to the raised infinity edge pool with glass tile and black pebble finish with views.

This listing originally appeared on realtor.com. For more information and photos, click here.