Both Dwyane Wade and Gabrielle Union have had to adjust their budgets during the new year.

After a $200,001 price reduction, the Los Angeles area property of the former basketball great and his actress wife is now listed for $5,999,999.

The driveway is gated.

Listing agent Anna Marie Simpliciano of Hilton & Hyland said that the Sherman Oaks house is unlike anything else in the neighborhood due to its size and practical space, and that it sits high on a ridge with expansive views of the city and mountains. The estate features a spacious grassy field, an outdoor kitchen, a stunning infinity-edge pool, a contemporary house with 8,500 square feet of Mediterranean design, and all of this set on three-quarters of an acre.

According to Simpliciano, the residence was designed to accommodate both large-scale entertaining and working-from-home lifestyles, thanks to its isolation and solitude, as well as its spectacular panoramic views of the city and mountains.

This is the pool in a mansion in the Hollywood Hills.

The mansion is approached by a lengthy gated driveway that culminates in a spacious motor court that can accommodate approximately eight vehicles. The house, which was built in 2017, features wrought iron double doors that lead to a spacious living area that is flanked by French doors. Just off the entry is a library/office with arched windows all around.The home’s three stories are linked by an elevator and a wide circular staircase. On the lowest level, which is reserved for amusement, you’ll find a movie theater, a wine room with climate control, and a wet bar.

On the first level, you’ll find the remodeled chef’s kitchen, the formal dining room, and the family room, all of which have pocketing doors that lead out to the pool area.

Spaces for eating and a winding staircase.

The master suite, with its walk-in closets, private patio, and renovated bathroom, is one of four bedrooms on the upper level. The other three bedrooms are located on the main floor. Across three stories, you’ll find eight restrooms.

A private patio can be accessed through the bi-folding doors in the master suite, which also boasts a luxurious bathroom.

The patio area is protected from the elements by the eaves that droop over it. On the grounds, you’ll find a pizza oven, a daybed swing, and plenty of room to dine al fresco while taking in the scenery.

From a patio daybed swing, you can take in panoramic views of the city and the mountains.

According to Simpliciano, the location of Wade and Union’s property, which is in the highly desirable “south of Ventura” region, is particularly affected by the ongoing need for flexible living space in the area’s real estate market. The area’s luxury real estate expert reported that there had been 16 public sales in the past six months with price tags ranging from $3 million to $7 million, an increase from six sales in the same period last year.

You have a lot of possibilities for new construction or properties that are move-in ready in the San Fernando Valley, where your money goes further, according to Simpliciano.

Outside cooking space.

A pizza oven that uses wood for cooking is part of the outdoor kitchen, which also features bar stools.

Court documents indicate that three-time NBA champion and thirteen-time all-star Wade and actress noted for her work in cinema and television, Union, purchased the home two years ago. The celebrity couple’s oceanfront Miami Beach, Florida, mansion has also gone under contract.

Nighttime view of the pool and surroundings.

Nighttime view of the pool and surroundings.Property agent Althea Bowman of Los Angeles, who works with Postruc Productions for Hamilton & Hylands, is sharing the listing.