Back in 2011, Olivia Wilde doled out nearly $2.3 million for a bachelorette pad that was occupied in previous years by the likes of puppeteer, director, and producer Brian Henson, the son of famed Muppets creator Jim Henson, and reportedly leased out at different times by Natalie Portman and Joe Jonas. A couple years later—after the actress-turned-director had coupled up with Ted Lasso star Jason Sudeikis—she sold the Los Angeles spread at a loss to a music industry executive, who turned the place over to a footwear mogul before it ultimately went to Pharmavite CEO Jeff Boutelle and his wife Catherine for a speck over $3 million. Now, 13 years later, the Spanish Colonial Revival-style villa in a prime section of Los Feliz has once again popped up for sale, this time with a $4.8 million asking price.

An inviting living room is warmed by a floor-to-ceiling fireplace.
Jo David for Sotheby’s International Realty
Originally designed by Ashton & Denney in the late 1920s and remodeled in the years since, the creamy stucco and red terracotta-roof structure is hidden away behind walls and gates, amid a hillside parcel spanning a little less than a quarter-acre of land. Inside, four bedrooms and an equal number of baths are spread across 3,284 square feet boasting a mix of tile and hardwood floors, vaulted wood-beam ceilings, stained-glass and leaded windows, decorative mosaic tile, and custom ironwork.
A secluded courtyard with a built-in barbecue and a fire pit conversation area flanks the rotunda entryway, which opens into a foyer holding a striking staircase that descends to a living room spotlighted by a fireplace and a Juliette balcony. From there, a sleekly updated kitchen is outfitted with open shelving set against a subway tile backsplash, an eat-in island, top-tier appliances, and a breakfast nook with banquette seating, while a handsome…