Ronald Reagan's house is for sale for $5 million [PHOTOS]

Before Ronald Reagan was the 40th president of the United States, he was a popular star of film and television. And like most Hollywood stars, Reagan owned a gorgeous home in Los Angeles.

The Pacific Palisades ranch home on San Onofre Drive, where Reagan and his wife lived until they moved to a slightly more famous address on Pennsylvania Avenue, is now for sale.

In case you're interested in owning a piece of presidential history, this one won't come cheap: the house is listed on its website for $4,999,000.

Ronald and Nancy Reagan's former home has an incredible panoramic view of the city from high in the hills. The 4,764-square foot home sits on two-thirds of an acre, and, according to CNN Money was given to the Reagans by General Electric as a thank-you gift for his work on "General Electric Theater", which the movie star-turned-politician hosted from 1954 to 1962.

The Reagans sold the home in 1982.

Property description from Sally Foster Jones of Coldwell Banker Residential Brokerage:

This exceptional property is located in the best part of the prestigious Riviera presenting sweeping panoramic vistas from the Pacific Ocean to the Getty Center. The current mid-century home is perched above the street on approximately 2/3 of an acre and approached via a long, private, gated drive. The original home boasts a wonderful history and was once the former residence of President Ronald Reagan. Highlighted by incredible outdoor spaces including sunny courtyard, pool and patio, grassy area and lovely gardens, open living spaces are oriented to take advantage of incomparable views encompassing ocean vistas and twinkling city lights. The existing 4 bedroom 4 bathroom home boasts high ceilings and voluminous rooms including a den with wet bar and built-ins and enormous great room all opening to the patio and pool area with seemingly endless views! The home is flooded with light and capitalizes on the indoor/outdoor lifestyle with nearly all rooms featuring large windows and doors opening to beautiful outdoor areas. Enhance or develop the current home or seize this opportunity to build your dream estate in this most desirable setting. Let your imagination carry you away with the astonishing potential this unmatched property represents!