Producer/ entrepreneur sells Hollywood Hills home

FROM 2 asking a year ago for their Pacific Palisades compound and relisted it for $17.95 million.

The renovated Mediterranean-style estate, built in 1982, includes nine bedrooms, 9 { bathrooms and 10,000 square feet of living space.

The 2.5-acre equestrian property features a guesthouse, a tennis court, a swimming pool, corrals and a stream.

Watson, 56, had three PGA tour wins before joining the Champions Tour when he turned 50. He was voted Rookie of the Year in 2007 and has four tour wins.

Watson and Loggans bought the property in 2004 from power couple Arnold Schwarzenegger and Maria Shriver for $7.95 million, according to public records. pool, spa, deck, outdoor living room and kitchen.

Zions founded the L.A.based production company Breakout Pictures. He also co-founded Young, Fabulous & Broke, a women's contemporary clothing line.

The property previously sold in 2000 for $2.35 million. crisis. Federal prosecutors shelved a criminal probe of Mozilo last year after determining that his actions in the mortgage meltdown— which led to his $67.5 million settlement with the Securities and Exchange Commission— did not amount to criminal wrongdoing.

The Georgian Colonialstyle two-story sits on a half-acre site above the second fairway at the Sherwood Country Club. The 6,238-square-foot home features a cherry-finished library-office, five bedrooms, six bathrooms and an oversized four-car garage. The custom home was built in 1999.

The master suite includes a sitting area, a balcony, two walk-in closets with built-in cabinets, dual sinks, a mirrored dressing area, a spa tub, a steam shower, a bidet and marble floors. An infinity pool, spa, lawn and a built-in barbecue complete the grounds.

Public records show the Mozilos bought the Ventura County property in 2000 but do not disclose the purchase price. They hold other Southern California properties in trust in Riverside and Santa Barbara counties, public records show. it to the market at $1.099 million.

The Spanish bungalow, built in 1926, features a living room with fireplace that opens to a dining room with a skylight, an updated kitchen, two bedrooms and 1 } bathrooms. The deck contains a bar and a built-in barbecue.

Rutherford, 43, plays husband-hopping Lily van der Woodsen on "Gossip Girl" (2007-present). She was also in the series "E-ring" (2005-06) and "Melrose Place" (1996-99).

The house had been leased at $4,700 a month. Public records show Rutherford bought the property in 2005 for $1.25 million.