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Stan Lee buys $4.4 million Hollywood Hills home

After selling a piece of property in Hollywood Hills West in November, comics legend Stan Lee has reportedly bought a contemporary home off the Sunset Strip for $4.4 million.

According to real estate website Trulia, the "luxurious" 5,285-square-foot pad boasts four bedrooms, seven baths, a remodeled chef's kitchen, a "professional-grade" movie theater, den, sauna and, outside, a pool, spa and patios. The home, which sits on more than an acres, was last sold in 2005 for $3.22 million.

A native New Yorker who moved to the West Coast in 1981, the 92-year-old Lee made headlines in October when he listed a one-fifth-acre property for $3.75 million. Although it was initially believed he was selling his home, Lee quickly clarified it was merely "a hunk of property." He and his wife Joan purchased the lot in 2006 and tore down the 1945 house, planning to rebuild; they instead decided to sell it.

The Los Angeles Times reports Lee sold that property in late November for $2.8 million, 22 percent less than what he paid for it.

Note: This post has been updated with more details about the new house.

(via Forbes)

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