Tom Hanks and his wife, Rita Wilson, have put their Pacific Palisades, Ca., mansion on the market starting at $5.22 million, according to Zillow.com, ABC News reported.

The home was the couple's first home after they got married in 1988.

View photos of the mansion here.

The two recently moved on to the estate they purchased three years ago for $26 million and had it renovated and refurbished.

The property they are selling is a Spanish-style villa with just under 6,300 sq. ft. The home features 4 bedrooms and 5.5 bathrooms, a sun room and a beauty salon.

Hanks is currently starring in the late Nora Ephron's final work Lucky Man on Broadway as tabloid journalist Mike McAlary. The show opened in February and the actor is reportedly earning $150,000 a week while in the show, according to The Hollywood Reporter.

He will reunite with Cloud Atlas director Tom Tykwer for a film adaptation of Dave Eggers' book A Hologram for the King, USA Today reported June 14.

Hanks will star as a struggling businessman who moves to a rising Saudi Arabian city in order to keep his family together.

Eggers' novel was a National Book Awards finalist last year.

Born in 1956, Hanks' many film credits include Apollo 13, Big, The Green Mile, You've Got MailSleepless in Seattle,  Forrest Gump, A League of Their Own, The Da Vinci Code and Angels and Demons.

He has earned and been nominated for numerous awards during his career, including winning a Golden Globe for Best Actor and an Academy Award for Best Actor for his role in Philadelphia and a Golden Globe, an Academy Award, a Screen Actors Guild Award, and a People's Choice Award for Best Actor for his role in Forrest Gump. He was also honored with the Stanley Kubrick Britannia Award for Excellence in Film from the BAFTAs in 2004.