Golfer Denis Watson and his wife, attorney Susan Loggans, have been trying to take their Pacific Palisades compound off his tour for half a dozen years now, but have yet to find that pricing sweet spot.
They have put the house back on the market at $13.9 million, down more than 40% from their highest asking price of $23.5 million two years ago.
Built in 1982, the renovated Mediterranean-style estate, guesthouse, tennis court, pool, cabana and spa sit on 2½ acres adjacent to Will Rogers Historic State Park. The equestrian property has corrals and a year-round stream. There are nine bedrooms, 9½ bathrooms and about 10,000 square feet of living space.
Watson, 57, won three PGA titles in 1984. He joined the senior tour after turning 50 and was voted rookie of the year in 2007.
Watson and Loggans bought the property in 2004 from former Gov. Arnold Schwarzenegger and Maria Shriver, according to public records. It had been listed then for $7.95 million.
Kurt Rappaport and Fred Bernstein of Westside Estate Agency are the listing agents.