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Spielberg Sells Malibu Property for $26 Million

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Steven Spielberg sold his hous in Malibu, bordering the Pacific Ocean, for $26 million.

The two-story main house features formal living and dining rooms, seven bedrooms and 10 bathrooms, a massage room and a home theater.

Outside the house is the swimming pool and spa, and a two-bedroom guesthouse.

 

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Spielberg bought the property in two separate transactions in 1989 and 2000, paying a total of $6.575 million. In past years, when Spielberg and his family were not at home, he rented the property during the summer for $125, 000 a month… READ MORE

LA TIMES 

 

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