Leonardo DiCaprio : Actor Sells Beachfront Malibu Home

The Wolf of Wall Street” star and new Delos resident, Leonardo DiCaprio has sold his beachfront Malibu house for $17.35 million.

The actor have been asking $23 million when he first placed the home available on the market in 2012. In June, he lowered the price to $18.9 million, but ultimately took $5.Sixty five million under he had originally hoped for, based on Curbed.

The compound, including a main house and two guesthouses, boasts seven bedrooms, two kitchens along with a modern gym. Even though the home has a private beach that stays dry even during most high tides, a rarity locally, as well as lush landscaping on the large lot, it seems DiCaprio experienced lots of hassle attempting to rent and then sell on the home.

The features of the property, including high ceilings, plentiful windows, and a flat grassy lawn, allow it to be appear to be a desirable investment. However, a 2012 article by the UK’s Daily Mail was harshly critical of the house, calling its dcor “plain” and saying that the home, built-in Cape Cod style in 1927, “lacks strong character.” Perhaps they were some of the issues faced by DiCaprio in trying to sell the house, that they purchased back in 2002 for $6 million.