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It looks like Pamela Anderson is hanging up her signature red bathing suit and leaving the beach for good by putting her Malibu, Calif., house up for rent.

The former "Baywatch" star is asking $50,000 a month for the remodeled home that is just one block from the Pacific Ocean, reported Zillow.com.

PHOTOS: Pamela Anderson's Malibu Pad: Take a Peek Inside!

Located in the heart of the beach city on Malibu Colony Road, the teak-lined house features three bedrooms and 2.5 bathrooms over 2,700 square feet, plus a unique backyard wigwam, deep deck and "green egg charcoal barbecue" surrounding a saltwater swimming pool with swim-up wet bar.

According to property records, Anderson purchased the 1959 house in 2000 for $1.8 million, and has reportedly decided to give it up because she is traveling so much and currently spending more time in her native country of Canada.

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