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Golfer Denis Watson cuts price of Palisades home

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Pro golfer Denis Watson and his wife, attorney Susan Loggans, have taken 24% off the price they were 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, 91/2 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.

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Watson and Loggans bought the property in 2004 from former Gov. Arnold Schwarzenegger and Maria Shriver for $7.95 million, according to public records.

Shauna Walters and Sally Forster Jones of Coldwell Banker’s Beverly Hills South office are the listing agents.

lauren.beale@latimes.com

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