Forever romantic Leonardo DiCaprio is still trying to unload his Malibu mansion from his real estate portfolio. Leo’s mansion is back on the market with a hefty $4.1 million price cut, bringing it down to $18.9 million from its lofty originally listed $23 million price tag.
Forbes dug into the recent history of Leo’s Malibu property and found out few interesting details. Leo bought the property back when he was still riding the high Titanic waves in 2002 for $6 million. May 2012 listed as a $75,000 a month rental. November 2012 listed for sale for $23 million. February 2013 back to the rental list for $75,000 a month.
Real estate listing notes the property is currently not available for viewing – “tenant occupied.” So, Leo somehow found a renter for the summer we assume, it sits right on the Malibu beach. If you are interested, be ready for a day after Labor Day viewing, in the meantime, you can have a look at the 2 listing photos.
This is not just anyone home, but three separate units with 7 bedrooms combined and 6 baths. The main house is in the large lot with a roof top terrace, patio and a deck facing the beach. Built in 1927, the home has high ceilings with exposed beams and an open floor plan leading straight out to the outdoor living spaces, taking advantage of the Malibu weather and spectacular views. The property also includes a gym, 2 kitchens (one in the separate guesthouse), hardwood floors and floor-to-ceiling windows.
Leo does not live on the west coast anymore. He spends most of his time in NYC. Environment-conscious star owns an eco-friendly penthouse in Battery Park. Forbes also heard rumors about him looking for a second property in Manhattan.