The actor broke the news through a press release for a property listing that was published by the Providence Journal, reported Variety.
According to real estate agent Allen Gammons, Woods "is retiring from the entertainment industry and hopes to 'simplify his life' by selling 'his many real estate holdings on both coasts.'"
The statement from the agent said he wants to spend more time on photography, antiquing and poker. Woods owns four homes in Rhode Island.
The 70-year-old actor is also famous for his voice work on Disney's "Hercules," in which he voiced the villainous Hades. He later won an daytime Emmy for the role in the spin- off cartoon series.