LAUREL CANYON—Nicole Richie and Joel Madden have listed their Laurel Canyon 0.4-acre property for $3.495 million.

Located at 8305 Lookout Mountain Avenue, the compound is screened behind gates, walls, and large hedges to ensure privacy. It encompasses 6,300 square feet of living space, including a full attached guesthouse by the lagoon-style pool. The pool has a beach entry, and is situated underneath the spa.

The main home features 5 bedrooms, 6 bathrooms, a large kitchen, and an office with built-in desks and stoarge. According to the listing, it has been “extensively remodeled” to create a “turn-key architectural gem” with high ceilings and a huge skydome that fills the house with light. There is no shortage of entertaining space, as the home includes an area with “built-in seating and a play area for kids.”

According to reports, the couple may be looking to move closer to Madden’s brother Benji and his wife Cameron Diaz. Earlier this year, Richie and Madden purchased a 5,515-square-foot home in the same area of Beverly Hills as Diaz. The actress has owned a residence in the city since 2010.

The Laurel Canyon property listing agent is Thomas Atamian with Dilbeck Real Estate.