Actress Reese Witherspoon, who won the Oscar for "Best Actress" in "Walk the Line," sold her home for $4,983,500, a loss of $816,500. She bought the home from former model and designer Kathy Ireland for $5.8 million in 2008. The home had three price cuts before selling. The home sits on seven acres and has four bedrooms and 3.5 bathrooms. There is also a barn, horse stables and carriage house.