Actor Sylvester Stallone is losing money on his La Quinta

Sylvester Stallone of "Rocky" fame is selling his home in La Quinta, California, 

for $3.35 million, roughly $1.15 million less than he spent a decade ago.

According to the listing with Josh Reef of Douglas Elliman, 

who advertised the home Wednesday, the Mediterranean and 

Tuscan-style villa offers 4,889 square feet of interior space, including four bedrooms and five baths.

According to the ad, the two-story property includes a big living room with double-height ceilings and a stone fireplace, 

a dining room that opens to a terrace, a kitchen with wood cabinets, 

a wood-and-stone centre island, a breakfast area, and a wine room.