In almost three years after first appearing on the market for an impressive $15 million, Marc Forster's striking Richard Neutra-designed home outside Santa Monica is back on the market again, this time with an improved asking price, almost three years since it first appeared on the market for $15 million.

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Known primarily for the films "Monster's Ball," "Finding Neverland," "Quantum of Solace," "World War Z," "Christopher Robin," and most recently "A Man Called Otto," German-born director Lorenzo di Bonaventura is now asking for a little under $12.7 million for the film. As soon as Forster bought the property in 2009, he hired Mark Haddawy, a renowned restoration architect, to update and restore it in keeping with Neutra's original design and in keeping with the time period.

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As Rich Report states, the first modern home to win the top prize in House Beautiful magazine's annual competition in 1934 was originally built for actress Anna Sten and her husband Eugene Frenke in the early 1930s, when they were married. As a result of the movie "Laurel Canyon," which premiered in the film, Laurel Canyon was also regarded as a Los Angeles Historic-Cultural Landmark which was used as the setting for the movie as well.

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Located on a double parcel with magnificent views of the Santa Monica Canyon and the Pacific Ocean beyond, this gated property offers five bedrooms and six bathrooms in a total of 4,300 square feet of living space that boasts hardwood floors, built-ins, and steel-framed windows, with a Bauhaus-inspired main house and a newly reconfigured work studio/guesthouse built by Johnston Marklee.

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A two-story glass and stucco structure is the primary residence of the property, which is tucked away behind a gated driveway and lush vegetation as part of the landscaping. As you enter the home, you are greeted by a light-filled living room with an integrated brick fireplace. The living room is connected to an office and a rounded dining room, and a stainless steel eat-in kitchen is equipped with stainless steel appliances and quartz countertops.

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As a bonus to the master retreat, there is a separate office space, an ocean view balcony, and a spa-like bathroom upstairs, and also an additional two-story curvilinear studio/guesthouse, which features two additional bedrooms, a bath, a library/office, a hot yoga studio and a roof deck, plus two additional bedrooms and a bath. As for the outdoor space, the terraced grounds cover an area of 0.38 acres, which features a swimming pool, plenty of spots for outdoor lounging and entertaining, as well as a two-car garage.

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As the listing agent for Carolwood Estates, Bjorn Farrugia and Drew Fenton represent the seller.

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