Steven Spielberg sells Malibu compound off-market for $26 million
Oscar-winning filmmaker Steven Spielberg has sold his Malibu compound in an off-market deal for $26 million, property records show.
Offered in recent years as a $125,000-a-month summer lease, the estate sits on more than an acre in the celebrity-centric Broad Beach with 144 feet of private frontage.
The Craftsman-inspired main house, built in 1992, spans two stories with formal living and dining rooms, seven bedrooms and 10 bathrooms in 7,237 square feet of living space. A massage room and a home theater are among the amenities.
Outdoors, a courtyard with a swimming pool with a spa sits adjacent to the main house, while meandering paths lead down to the breakwater. Elsewhere on the grounds is a guesthouse with two additional en suite bedrooms.
Spielberg, 68, acquired the two-parcel property in a pair of separate transactions in 1989 and 2000 totaling about $6.575 million.
The legendary director-producer-screenwriter is known for such iconic films as “Jaws,” “E.T. the Extra-Terrestrial” and “Jurassic Park.” He has twice won an Academy Award for best director for “Schindler’s List” and “Saving Private Ryan.”
Among Spielberg’s upcoming projects is “Bridge of Spies,” due out later this year. He is also set to direct and produce “Ready Player One,” an adaptation of the Ernest Cline novel of the same name, The Times confirmed in March.
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