The House That Diane Keaton Built: Late Actress’s Stunning Beverly Hills Flip Returns to Market With $6 Million Price Cut

Diane Keaton's former Beverly Hills home has once again returned to the market—having had an astonishing $6 million trimmed from its original asking price.

The property, which was once featured on the cover of Architectural Digest, was purchased by Keaton for $8.1 million in 2007 from another of its very famous owners: pop sensation Madonna.

It first hit the market in October 2025 for $25 million, but just a few months later, that asking price was lowered to $22.95 million. In April, the price was trimmed again by just under $2.5 million. By May, the home had been taken off the market altogether.

Now, just in time for the summer homebuying season, the dwelling is back, this time with an even lower asking price of $19.5 million—but still with all of the unique design hallmarks put in place by its famous owner, who carried out an extensive renovation of the dwelling during her ownership.

Keaton, who passed away in October 2025, carried out a meticulous overhaul of the six-bedroom, nine-bathroom dwelling after buying it, returning many of the original Spanish Colonial design details to their former glory, while also transforming many of the main living areas to breathe new life into the space.

While the home—which was originally designed by famed architect Ralph Flewelling and is located in the storied Beverly Hills Flats neighborhood—has since had a number of other owners, including "American Horror Story" creator Ryan Murphy, many of Keaton's special touches remain to this day.

"Diane was one of the most prolific architectural and design minds that we’ve ever seen in the real estate community," listing agent Rayni Williams of Beverly Hills Estates previously told the New York Post.

"There are only a very small handful of people that had her aesthetic."

Williams, who has listed the property alongside her husband, Branden Williams, noted that one of the most Keaton-esque areas in the dwelling is the entryway, which she turned into an elegant library that brought to life her personal love of literature.

"You walk into the foyer, which is a library with seating area and you’re really enveloped in Diane’s energy because it greets you and that’s untouched," Williams added. "She loved books and she loved to read … you feel her very much, her heart and soul, immediately."

That same room features a large quote that goes around the room just above the bookshelves, reading: "The eye sees what the mind knows."

Elsewhere in the home, Keaton's talents for design are present in many of the living areas, including the kitchen, where she blended signature Spanish Revival touches with an airier farmhouse feel, resulting in a room that is both spacious and cozy all at once.

"Archways, soaring truss ceilings, wrought-iron accents, and hardwood and terracotta floors create a dramatic yet inviting atmosphere," the listing notes.

The main living space features vaulted ceilings with original wood beams—and an enormous stone fireplace that adds warmth and depth to the room, while large windows help to add plenty of natural light.

For those with a fondness for hosting, there are two dining areas available in the home: a formal dining room with wooden ceilings and elegant Spanish-inspired light fixtures, and a more casual seating area in the kitchen.

"Formal living and dining rooms, a den/media room, office, and a spectacular kitchen with adjoining great room provide ample space for both entertaining and everyday living," the listing continues.

Embracing the indoor/outdoor architecture style that is so celebrated in California, the formal dining room features large French doors that open up to a courtyard area, where visitors will find a spacious seating area where they can relax, soak up the sun, or dine al fresco.

That same courtyard also features several trees, as well as a Spanish-style fountain that sits at its very center, with the home forming a square around the outdoor space.

At the back of the property, a small patch of lush grass houses yet another water feature, which overlooks the pool and spa—as well as a separate guesthouse and sports court.

"Outside, lush landscaping frames multiple seating and dining areas, a sparkling pool and spa, sports court, and a charming guesthouse, offering the perfect blend of privacy and resort-style living," the property's description notes.

Two of the home's bedrooms can also be found on the main floor, while upstairs an enormous primary suite provides a stunning view of the courtyard and garden below, courtesy of its private balcony.

That bedroom boasts its own fireplace—a feature that can also be found in several other bedrooms throughout the home—as well as dual bathrooms.

In total, the property offers just under a half-acre, while the main residence spans across nearly 8,500 square feet.

The dwelling is the latest example of Keaton's home-flipping skills to hit the market in recent months—following in the footsteps of her "House That Pinterest Built," which was listed for $29 million just seven months before she passed away, although that listing has since been removed.

That home is understood to have served as one of the last major renovation projects the actress completed—having wrapped up in 2017 after a three year restoration.

Before Keaton purchased that property, she had spent many years bouncing from home to home, targeting historical dwellings that had fallen into a state of disrepair.

She would typically spend a few years renovating these properties, before putting them back on the market and moving on to her next project, admitting in an interview with Wine Spectator that she had always struggled to "land and stay" because she could never find an abode that felt perfect to her.

However, that all changed with her latest renovation endeavor, which she described as her "dream home."

"Something's right, because I love it," she said of the Sullivan Canyon dwelling.

Another of her former renovations hit the market in Pacific Palisades soon after her other dwelling—this one with an asking price of $12.9 million.

That Lloyd Wright-designed property was originally commissioned by Oscar-winning composer Alfred Newman but was lovingly restored by Keaton after she bought it for $9.1 million in 2007, the same year she purchased the Spanish Colonial estate.

Keaton added several modern elements to the dwelling, including an upgraded kitchen and a reimagined primary suite, while carefully maintaining and refreshing Lloyd's beautiful woodwork.