The call made yesterday was a Saudi initiative, the Kremlin said in statement.
The two exchanged views on "all the questions associated with resolving the Syrian crisis, including four-way talks," between Russian Foreign Minister Sergei Lavrov and his US, Turkish and Saudi counterparts, it said.
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Washington and Riyadh are part of a US-led coalition that last year launched an air campaign targeting the Islamic State jihadist group which controls swathes of territory in Syria and neighbouring Iraq.
Russia launched its own aerial campaign on September 30 in response to a request from Damascus.
Washington, Riyadh and Ankara back groups fighting the regime of Russia ally President Bashar al-Assad, while Moscow says it is targeting IS and other "terrorists" in Syria.
Putin and the Saudi King also discussed the Israeli-Palestinian conflict.
"The two parties expressed their concern at the growing deterioration in the situation," the Kremlin said.
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