The first mansion owned by presidential hopeful and real estate mogul Donald Trump has been put on the market, and its price was recently reduced.

In the early 1980s, when he was 35 and with then-wife Ivana, Trump purchased the 5.8-acre Greenwich, Connecticut, home for $4 million, according to TopTenRealEstateDeals.com. The home, on a peninsula, was eventually taken by Ivana in their 1991 divorce, and she sold it. 

RELATED: PHOTOS: Trump Tower architect’s model ship collection for sale in Boston this weekend

The home, currently listed for sale, recently had its price lowered from $54 million to $45 million.

Built in 1939, the 19,773-square-foot Georgian Colonial main house and guesthouse have eight bedrooms and13 bathrooms, and views of Long Island Sound.

RELATED: Trump's residents loathe his politics, but they love his buildings

The property also includes a home theater, putting green, tennis courts, a lap pool and three staff apartments. Multiple terraces and patios are also featured on the large property.