The king of game show hosts Howie Mandel is looking to unload one of his biggest prizes yet: a beautiful 5,936-square-foot, ocean-view Malibu estate. However, Mandel isn’t giving it away on one of his four game show gigs. Instead, he’s looking for a lucky buyer as he’s relisted it on the open market for a cool $7,750,000.

Back in December 2011, the former “Deal or No Deal” host had originally put the home up for sale and was looking to lock in a deal of his own for $7,250,000. Since taking down the original listing, Mandel is now taking a gamble in hopes of winning big by relisting the property for $500k more.

Located in the prestigious Point Dume area, this Cape Cod-inspired mini-compound was exquisitely crafted by renowned architect Douglas Burdge. Unveiled in 2009, the home boasts five bedrooms, five and a half baths, an office, theater, gym, and guesthouse. Constructed with the finest of finishes, the timeless architectural style weds both elegant sophistication and casual seaside living with a seamless indoor/outdoor flow. The airy main living area includes double-height formal living and dining rooms–both with French doors lining the walls–leading to a large, open kitchen with center island.

With panoramic Santa Monica ocean views, the home sits on over an acre of flat land with expansive lawns, a huge outdoor patio, and a gorgeous infinity pool.