Actor Leonardo DiCaprio has removed his Malibu mansion from the market—months after slashing $3 million from the property’s asking price.
DiCaprio, 51, originally put the “rare and special” waterfront dwelling on the market in July 2025—hedging his bets by listing the dwelling both for sale, with an asking price of $23 million, and for rent, with an ask of $65,000 a month.
But despite offering a potential buyer the opportunity to test-drive the dwelling as a tenant, it appeared nobody took that bait as he later lowered both the rental and buying asking price.
Now, it appears as though the Hollywood A-lister is going to take a break from the selling space altogether, taking the home off the market completely, Realtor.com® can exclusively reveal.
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 bought the home in July 2021, paying $13.75 million via an LLC that is run by his longtime business manager.
However, it is unclear whether the actor ever actually used the property as a full-time residence, with records indicating that he first put the home on the rental market in April, before deciding to try to offload it altogether.
Realtor.com has contacted DiCaprio’s spokesperson for comment.
The listing images include few personal touches inside the home, capturing gleaming white spaces filled with neutral furniture and decor. The description notes that the home comes equipped with “top-of-the-line finishes and fixtures,” as well as hardwood floors and “walls of glass.”
Taking full advantage of its oceanside location, 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.
However, it is the primary suite that takes center stage on the property, boasting some awe-inspiring views of the ocean, as well as its own fireplace for added comfort, particularly during the colder months.
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.
While there is ample space for entertaining inside the property, perhaps the most alluring living area is outside, where there is a picturesque firepit, seating area, and an 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 this Malibu property, he sold off a nearby dwelling for $10.3 million, having bought that home in 1998 for $1.6 million, according to records.
Much like his newer Malibu residence, DiCaprio offered up his former home for rent before opting to sell it, initially listing it with an asking price of $20,000 a month in 2010, although that price fluctuated over the following years, dropping first to $18,500, before rising to $23,000 a few years later.
He also tested the waters when it came to selling the property, first listing it for $10.95 million in 2016—five years before he sold it.
DiCaprio is understood to still use his Hollywood Hills compound as his primary residence, having 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, with Page Six reporting 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.