Diane Keaton lists Pacific Palisades house

Oscar-winning actress and avid historical home restorer Diane Keaton has put her latest project on the market in Pacific Palisades at $8.5 million.

Keaton spent more than two years renovating a Lloyd Wright-designed Midcentury house built for another Oscar winner, Alfred Newman. The nine-time Academy Award recipient, who died in 1970, composed music for more than 200 movies during his 40-plus-year career.

The 1-acre compound includes a main residence, two detached bedroom suites, mature sycamore and oak trees and a swimming pool.

In the main house, Keaton restored the woodwork and built-in furniture, updated the kitchen and reworked the second story to create a loft-like master bedroom suite with walls of glass. There are five bedrooms, 3 1/2 bathrooms, four fireplaces and 4,386 square feet of living space. She landscaped the entire property, including the driveway and motor court, which is now decomposed granite.

The lead actress Oscar winner for “Annie Hall” (1977) also renovated Lloyd Wright’s Los Feliz landmark Samuel-Novarro House, which she sold to Christina Ricci; a Wallace Neff-designed Spanish-style estate in Beverly Hills that she sold to Madonna; a Bel-Air hacienda designed in the style of George Washington Smith; a Spanish-style hillside home in Laguna Beach, and a Ralph Flewelling-designed Spanish Colonial Revival in Beverly Hills also on the market at $10,950,000.

An actress, producer and director, Keaton starred in the film “Mad Money” (2008) and will appear in the comedy “Morning Glory,” due for release in the fall. She purchased the Newman estate in 2007 for $9.1 million, according to public records.

Because she has a knack for selling to other celebrities, perhaps she’ll find a buyer in Newman’s nephew, singer-songwriter Randy Newman, who popularized the unofficial city anthem “I Love L.A.” and also has an Oscar to his credit.

The agents for both her listings are Aileen Comora and Paul Lester of Westside Estate Agency, Beverly Hills.