Penelope Cruz is selling her house.

The 'Vicky Cristina Barcelona' star has put her three-bedroom Hollywood mansion on the market for $3.7 million - $500,000 more than she paid for the property in May 2005.

The grounds surrounding the 'Balinese Modern'-style house include a small courtyard with a fountain, swimming pool, large lounge area furnished with a dining table, loungers, white chairs and a canopy bed and another courtyard leading to the glass doors.

The 3,334 sq ft single-storey property has three bedrooms, four bathrooms and a dressing area, while the fully-equipped kitchen is furnished in green with granite counter tops and comes complete with two cookers and a large dining table.

The actress - who is dating actor Javier Bardem - has barely lived in the house since she bought it.

Instead, it has been available to rent for $14,500-per-month and is still listed as available for hire for location shoots through many local agencies.

Penelope - who also has other homes in Los Angeles and her native Spain - is currently in Paris shooting an advertising campaign for the new Lancome fragrance Tresor.