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Leonardo DiCaprio doubles asking price of $35 million home

Leonardo DiCaprio is making a wild move to the tune of $35 million and it has plenty of people raising their eyebrows.

Leonardo DiCaprio has put his Malibu beach house on the market for the sky-high price of $US23 million ($A35 million).

The Hollywood superstar purchased the property four years ago for $US13.75 million ($A21.1 million).

But for those who might baulk at the idea of coughing up such an enormous chunk of change, the 50-year-old actor is also giving prospective buyers the opportunity to test drive the California dwelling, simultaneously putting it on the rental market with an asking price of $US65,000 ($A100,000) a month, Realtor reports.

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Leonardo DiCaprio. Picture: Getty Images
Leonardo DiCaprio. Picture: Getty Images
Leonardo DiCaprio has put his Malibu beach house on the market for $US23 million. Picture: Realtor
Leonardo DiCaprio has put his Malibu beach house on the market for $US23 million. Picture: Realtor
The 50-year-old actor purchased the property in 2021 for $US13.75 million. Picture: Realtor
The 50-year-old actor purchased the property in 2021 for $US13.75 million. Picture: Realtor

Located on Pacific Coast Highway, the home boasts four bedrooms and 4.5 bathrooms

The estate is described as being situated on “a stunning stretch of the Malibu coastline where properties are rarely offered for sale”.

As a result of its plum spot, the dwelling offers exclusive access to “one of the most private and coveted beaches in Malibu,” as well as spectacular views of the ocean courtesy of its perch atop a cliffside.

DiCaprio, who was pictured enjoying a day at Wimbledon in London over the weekend, bought the home in July 2021, paying $US13.75 million ($A21.1 million) via an LLC that is run by his longtime business manager.

However, it is unclear whether the Oscar winner ever actually used the property as a full-time residence, with records indicating he put the home on the rental market in April, before deciding to try to offload it altogether.

His six-bedroom abode is described as being a
His six-bedroom abode is described as being a "rare" find. Picture: Realtor
The property boasts access to a private beach, as well as breathtaking ocean views. Picture: Realtor
The property boasts access to a private beach, as well as breathtaking ocean views. Picture: Realtor

The home features multiple balconies and patios that can be accessed through full glass doors, allowing residents to create a true indoor/outdoor vibe throughout the year.

The property also offers an enormous walk-in closet, as well as a “spa-like” bathroom that features a spacious bathtub and a steam shower.

There is a picturesque firepit, seating area, and outdoor shower and sauna.

From this spot, guests can, on occasion, see dolphins swimming in the ocean, according to the listing description, which hails the sight as being “so rare and special”.

The home is not far from a former property in DiCaprio’s extensive portfolio of residences, which has featured an array of incredible dwellings over the years.

Shortly after he purchased the Malibu property, he sold off a nearby dwelling for $US10.3 million ($A15.8 million), having bought that home in 1998 for just $US1.6 million ($A2.4 million), according to records.

There is an outdoor entertaining area and a firepit. Picture: Realtor
There is an outdoor entertaining area and a firepit. Picture: Realtor
There are multiple balconies that can be accessed by glass doors. Picture: Realtor
There are multiple balconies that can be accessed by glass doors. Picture: Realtor
The listing notes that dolphins can occasionally be seen from the property. Picture: Realtor
The listing notes that dolphins can occasionally be seen from the property. Picture: Realtor

Much like his newer Malibu residence, DiCaprio offered up his former home for rent before opting to sell it.

“The Departed” star initially listed it with an asking price of $US20,000 ($A30,700) a month in 2010, although that price fluctuated over the following years, dropping first to $US18,500 ($A28,400), before rising to $US23,000 ($A35,400) a few years later.

He also tested the waters when it came to selling the property, first listing it for $US10.95 million ($A16.8 million) in 2016 — five years before he actually sold it.

DiCaprio is understood to still use his Hollywood Hills compound as his primary residence.

The A-lister bought up two adjacent residences back in the ‘90s before later expanding the estate with the purchase of two additional dwellings.

Over the years, the actor is said to have hosted a number of impressive soirees at the home.

Page Six reported in 2020 that DiCaprio hosted a viewing party for the presidential election, setting up an enormous screen on his basketball court so he and his pals could watch the results roll in live.

Parts of this story first appeared in Realtor and was republished with permission.

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Originally published as Leonardo DiCaprio doubles asking price of $35 million home

Original URL: https://www.news.com.au/finance/real-estate/leonardo-dicaprio-doubles-asking-price-of-35-million-home/news-story/d068bfa9fadf4fe4da7c292fac2065d8