Eternal “Baywatch” babe Pamela Anderson is done watching the bay — at least in Malibu.

The 54-year-old Playboy model and “Home Improvement” actress sold her two-story contemporary beach house Tuesday for $11.8 million, brokers confirmed.

The Canadian star listed the property for $14.9 million in March after marrying her bodyguard, Dan Hayhurst, on Christmas Eve.

“Many sexy, fun times were had here,” Anderson told The Post in an exclusive interview when the property hit the market.

The buyers, who said they have a personal connection to the celebrity seller, are Kreiss luxury furniture heirs and interior designers Loren and Kate Kreiss.

“Loren recalls Ms. Anderson from his youth when she purchased furnishings from the Kreiss location in West Hollywood,” the buyer’s agent, Sandro Dazzan of The Agency told, The Post.

The Kreiss family plans to add their bold, clean lines and neutral color palette aesthetic to the home, “while honoring Ms. Anderson’s original beautiful organic and sustainable design,” Dazzan said.

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