Live like the model/actress turned animal activist for a pretty penny.

The actress has definitely done some “Home Improvement” on this Malibu Colony gem. Originally purchased in 2008 for $1.8M, Anderson has completely remodeled the entire home, making it now worth over $7M, or $50K per month for one lucky renter, though she did tried to list the home in 2013 for $7.75M to no avail.

The three-bedroom, three-bathroom home features a mixture of industrial, coastal and romantic styles, with teak wood lining the entire outdoor area, glass chandeliers and clean white painted walls to offset the natural wood accents and flooring. The home sits in one of the most exclusive and private areas of Los Angeles, with the median home sale price at over $1.5M.

Two buildings are separated by a large pool, bordered with deluxe chaise lounge chairs, that transports you to Bali with bougainvillea-lined walls. The front building hosts the kitchen, dining and living rooms on the first floor and the master bedroom and bathroom on the second floor, outfitted with a Picasso bathtub and dry sauna. The building in the back features the other two bedrooms and bathrooms and staircase to the deck on the roof complete with more lounge areas to give the full “Baywatch” feel.

Images courtesy of Trulia.