Courteney Cox & David Arquette Dumping Their $20 Million Mansion -- 5 Months After Divorce

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SELLER: Courtney Cox and David Arquette
LOCATION: Bevelry Hills, CA
PRICE: $19,500,000
SIZE: 5,500 square feet (approx.), 5 bedrooms, 5.5 bathrooms

Only months after their divorce became official, Courteney Cox and David Arquette are back on the same team ... in an effort to sell their Bev Hills mansion for $20 MILLION!

The couple bought the home back in 2004 -- and lived in the insane 5,500 square foot estate until they split a couple of years ago. Courteney moved out immediately, but Dave still uses the home.

The home had been pocket listed for a while -- but the couple didn't get the number they were hoping for -- so yesterday, they put the home on MLS for all potential buyers to see.

The home is incredible -- located in the super exclusive Trousdale Estates area of Beverly Hils and has great panoramic views. It was also designed by famed architect A. Quincy Jones.

The stats: 5 Bedrooms, 6 Bath, bi-level living room, floor-to-ceiling windows throughout and a sweet circular swimming pool.

Sources say this is the last piece of property Court and Dave own together -- and once they dump it, their real estate relationship is officially kaput. But that doesn't mean he's out of her life forever -- the couple has a daughter together, Coco, and they've both said publicly that they are determined to stay friends.