Wow!

The asking price for Sandra Bullock and Jesse James' home in Southern California has gone done from $6,750,000 to $4,995,000 and has been on the market since May.

James is in the process of moving to Austin to have his kids closer to Sandy who already has multiple homes in the city. She has also been spending time in the New Orleans mansion she owns.

As for the beachfront home in SoCal, it has 4 bedrooms, a media room, security gate, resort-style pool and a master bedroom with jacuzzi tub. Prospective buyers need to pre-qualify showing their bank statements and getting their photo taken.

Serious business!

[Image via AP Images.]