Justin Timberlake and Jessica Biel Selling Hollywood Hills Home for $35 Million: 'They're Rarely in L.A.'

"They're rarely in L.A. and are happy to live in Montana," a source tells PEOPLE of the couple

Justin Timberlake and Jessica Biel are ready to say goodbye to Southern California and make Big Sky country their permanent home.

The couple are selling their Hollywood Hills mansion in Los Angeles for $35 million, the Wall Street Journal reports. The listing is being handled by Justin Paul Huchel and Drew Fenton of Hilton & Hyland.

A source tells PEOPLE that the sale is a result of Timberlake, 40, and Biel, 39, spending less time in Los Angeles and more time at their home in Montana.

"They're rarely in L.A. and are happy to live in Montana," the source says. "They also still have a place on the East Coast."

According to the Wall Street Journal, the 10-acre property is situated in a cul-de-sac and showcases a 13,000 square-foot Spanish-style mansion with seven bedrooms, a screening room and a gym, in addition to a guest house, tennis court and massive pool.

<a href="https://people.com/tag/justin-timberlake/" data-inlink="true">Justin Timberlake</a>, <a href="https://people.com/tag/jessica-biel/" data-inlink="true">Jessica Biel</a>
Justin Timberlake and Jessica Biel. Bertrand Rindoff Petroff/Getty Images

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Timberlake purchased the property — portions of which previously belonged to 1930s and '40s actor Errol Flynn — in 2002, per the Wall Street Journal, and purchased surrounding land from Helen Hunt.

Timberlake and Biel share sons Silas, 6, and Phineas, whom they welcomed during the COVID-19 pandemic. The family has spent much of the pandemic at their Montana house.

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