With a new property in Pacific Palisades filling out his real estate portfolio, the L.A.-area homes Matthew Perry has been trying to sell off in the past couple of years may seem all the more conspicuous.

Both have seen price chops. The cavernous, 10,000 sq. ft. penthouse he owns in the Century Building in downtown Los Angeles first hit the open market in the summer of 2019, asking $35 million; a relist this summer saw it reduced to $27 million.

About a month after the relist of the ‘mansion in the sky’, Perry’s beachfront Malibu retreat surfaced at $15 million. That property, too, has seen a trim to its ask, as it returns to the real estate news this month less a million dollars.

The 5,500 square-footer strikes a fine balance between beach cottage and contemporary design styles, with unfinished ceilings, plank floors, sliding glass, a double-sided gas fireplace in a freestanding accent wall, and a steel-and-hardwood staircase among its details. The shared living space is of course wide open, with a wall of pocketing glass opening onto a hardwood balcony overlooking the water.

Amenities include a home theater and a Japanese-inspired spa room—and the master suite, which receives the lion’s share of the upper level, and features a private lounge and a walk-in closet and dressing room with custom hardwood cabinetry.