PHILADELPHIA — The Philadelphia home where Oscar-winning actress Grace Kelly grew up and accepted a marriage proposal from Prince Rainier III of Monaco is on the market.

The six-bedroom, 2.5-story Colonial in the city’s East Falls section was listed last week for an initial asking price of $1 million.

The home was built in 1935 by Kelly’s father, John B. Kelly. He was a three-time Olympic gold medal-winning rower in the 1920s and later a prominent businessman active in Philadelphia politics. A sign posted outside designates the structure as a Pennsylvania historical landmark.

The estate sits on a 0.69-acre parcel that features gardens and a private backyard. Inside the home is a formal dining room and finished basement.