ASPEN, Colo. - Actor Jack Nicholson sold his Victorian home in Aspen’s West End for $11 million more than 30 years after buying it with a friend.

Nicholson and record producer Lou Adler split the cost of the nearly 5,800-square-foot home in 1980.  The home was later added to the National Register of Historic Places in 1987.

According to the Aspen Daily News, the sale closed Tuesday, a year after it was listed for $15 million.

Known as the Newberry House, the home was built around 1890. It was famously the residence of William Shaw, an attorney and later a judge, from 1922 until his death in 1969, the newspaper reports.

In “Five Easy Decades,” a book about Nicholson, author Dennis McDougal writes that Nicholson and Adler first bought the home because neither of their other homes in Aspen could get TV reception, according to the newspaper.

McDougal writes that the two “went halves” on the home because it got better reception, and they went there to watch L.A. Lakers basketball games, the newspaper reports.

A listing on HistoryColorado.org says that the house is a five-bedroom, seven-bathroom home with a wrap-around porch and a distinctive carriage house on a quarter acre of land.