Updated

The home of the late actress, Brittany Murphy, has avoided a foreclosure auction for at least two weeks.  The Hollywood Hills home was first listed for $7.25 million in March of 2010 but was taken off the market a month later.

Reuters reports that the home was scheduled for auction this past Monday, but the auction was postponed for two weeks, giving Brittany’s mother, Sharon Murphy, a chance to sell the property at the steeply reduced price of $4,995,000.

Brittany and her mother purchased the 8,000-sq ft house for $3.85 million from pop star Britney Spears in June 2003. Brittany lived in the home with her husband, Simon Monjack, up until her sudden death on Dec. 20, 2009 at the young age of 32.

Monjack also passed away in the home just a few months later in May 2010.

Despite its tainted past, Brittany Murphy’s home is truly stunning. The 5-bedroom, 5-bathroom house sits at the end of a private cul-de-sac on a .86-acre lot, offering amazing views of the city. The Mediterranean estate also includes high ceilings, a gourmet kitchen, large living and dining areas, outdoor swimming pool, gardens, gym, office, motor court and a 4-car garage.

By Lauren Riefflin, ZILLOW.COM

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