Nearly a year ago to date, I let you know that Meg Ryan had listed her six-bedroom, seven-bath Bel-Air home for the tune of $19.5 million. With no bites, she took it off the market in February. Now, she's relisted the property with a new real estate agent, knocking the price down to $14.2 million. Even though Meg's been reeling in the big-screen bucks since the '80s, I suspect that even for her, a $5 million loss makes a difference. Think of all the Joe Versus the Volcano-style vacations she could take with that moola!

The listing for the Holmby Hills-area Spanish-style compound reads:

Museum quality restoration of a classic Spanish estate sited on promontory with wide open city and ocean views across layers of greenery. Wonderful arches, resort-like grounds and complete privacy. Stenciled and painted wood ceilings, tiles, ironwork, rich wood floors, doors and windows, arches, etc. French doors throughout open to loggia, dining pavilion, expansive lawn and pool. Stunning kitchen, generous living room and dining room, separate bar room, two family rooms and screening room.

To see interior and exterior photos of the property, read more.