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05/24/2013 05:08 pm ET Updated May 27, 2013

David Hasselhoff's House In Calabasas, Calif. Is A Definite Downsize (PHOTOS)

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David Hasselhoff is a very busy man. The actor, personality and all-around man about town was recently spotted at the Cannes film festival promoting his new film "Killing Hasselhoff" (still in the pre-production phase), and a few months earlier he was in Germany trying to save the Berlin Wall from destruction.

Which is why it comes as no surprise that The Hoff (as he likes to call himself) don't got no time for estate upkeep. The former "Baywatch" babe just downsized to a modest 5,767-square-foot home in Calabasas, Calif. from his massive 8,974-square-foot mansion in nearby Encino.

Now, by "modest," we mean celebrity-modest. Because Hasselhoff's new home still has five bedrooms, six bathrooms, a basketball court, a pool and a spa complete with waterfall. But it doesn't have the Encino property's tennis court, pub room, gymnasium or library. Something tells us The Hoff will make do.

Hasselhoff closed the deal on his Calabasas home for $1.95 million on May 15, according to public records. He had unloaded his Encino home for a cool $3.549 million the month before, making a handsome profit on the property he bought in 1991 for $2.975 million.

Photos of David Hasselhoff's new home courtesy of Realtor.com.

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David Hasselhoff's New Calabasas Home

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