The sex symbol gained international fame playing swimsuit-clad lifeguard C. J. Parker in the series.
Anderson reprised her role in 2003 made-for-TV movie, Baywatch: Hawaiian Wedding.
However, the 42-year-old blonde insists adapting the series for theatrical release would be a disaster.
She tells Usmagazine.com, “Never! I’m not going do it (a Baywatch movie). I liked the TV show. I don’t like it when they (producers) ruin it by making a movie out of it.”