Christina Ricci Selling L.A. Home, Hunting for Bigger Place to House Family Member Displaced by Fires (Exclusive)

Christina Ricci is saying goodbye to her Los Angeles home. 

Located in the Silver Lake neighborhood, the three-bedroom, four-bathroom property is officially hitting the market for $4.175 million, PEOPLE can exclusively confirm.

Ricci, 45, is looking to let go of the home in order to accommodate a family member who was displaced after the L.A. wildfires, a representative from listing agency Compass confirmed to PEOPLE. She is on the hunt for a larger property so her family member can move in with her longer term, they said.

Her Silver Lake abode is spread out across 3,400 square feet and offers stunning views of Downtown Los Angeles, the reservoir and the surrounding mountains.

Lorraine Getz of Compass currently holds the listing. 

"This property is truly one of a kind and homes like this don’t come along often, especially in Silverlake,” Getz told PEOPLE via email. “What makes this home so special is the attention to detail—from the thoughtful layout that maximizes light and space to the well-crafted floor plan."

Looking inside the home, the kitchen offers a built-in coffee station and long center island that flows into a dining table.

In the spacious living area, a sleek fireplace brings attention to the center of the space. Meanwhile, floor-to-ceiling sliding glass doors that lead out to the private deck and rooftop terrace are perfect for indoor/outdoor living. 

“This home is all about the views—some of the best in Silver Lake! The rooftop deck takes it to another level,” says Getz. 

In the primary suite, residents can enjoy a number of luxury amenities, including an additional fireplace, a spa-like bathtub, and a full glass wall that opens to a balcony.

Outside, residents can relax by the pool or a spacious seating area. 

Getz adds of the home, “It’s perched high on a cul-de-sac for ultimate privacy, yet just at the end of the street, a hidden staircase connects you to Silverlake’s best spots—amazing dining, coffee, and boutiques, all just moments away.”

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Ricci — who recently received her star on the Hollywood Walk of Fame on March 6 — is making the decision to sell her home following the devastating wildfires that swept through the city in January. 

After the first blaze ignited on Jan. 7, multiple fires burned for weeks and forced thousands of residents to evacuate their homes. Firefighters worked tirelessly against strong winds and dry conditions to protect residents and contain the fast-spreading flames. The deadly Eaton and Palisades fires were finally fully contained on Jan. 31.

Among those who were evacuated or lost homes in the fire were a number of celebrities.

Leighton Meester and Adam Brody, Julia Louis-Dreyfus, Joshua Jackson, Anna Faris, Ricki Lake, Cary Elwes, Cameron Mathison, Spencer Pratt and Heidi Montag, lost their houses.

Many others, including Tara Lipinski, Chrissy Teigen, Britney Spears and more shared that they were evacuated as the fire spread.

Still others, such as Bella Hadid, Zooey Deschanel and Sarah Staudinger, shared that they had lost their childhood homes in the blazes.

Click here to learn about how to help the victims of the L.A. fires.