Antonio Banderas, Melanie Griffith sell home for $15.94 mn

LOS ANGELES: Actor Antonio Banderas and estranged wife Melanie Griffith have reportedly sold their Los Angeles home for a record-breaking $15.94 million.

The 54-year-old actor and Griffith, who tied the knot in 1996, opted to sell the 15,110-square-foot property in the Hancock Park enclave in the city after announcing their decision to divorce "in a loving and friendly manner" in June last year, reported Variety.

The eye-watering sale is a record for the neighbourhood, beating the previous best set just last summer by as much as $4.94 million.

The property, which dates back to the 1920s, has reportedly been sold to Ted Sarandos, the Chief Content Officer at the streaming service Netflix, and his wife Nicole Avant, the former ambassador to The Bahamas.

The sale represents a massive profit for the duo, who acquired the mansion in 1999 for $4.2 million, before buying the neighbouring property for $1.3 million a year later.

Although the spectacular-looking home was listed for $16.1 million, Banderas and Griffith, 57, decided to make a deal for a fraction below their original asking price.