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A home once owned by Robert Redford sells in Malibu

Update:

A Malibu beach home once owned by actor-producer-director

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Robert Redford

has sold for $11.75 million.

The gated two-story, built in 1948, has walls of glass, living areas that open to patios, and stone and hardwood floors. There are five bedrooms, 4 1/2 bathrooms, two fireplaces and 5,329 square feet of living space in the seaside house along Broad Beach.

Redford, 73, is directing "The Conspirator," a historical drama. He starred in "

Butch Cassidy

and the Sundance Kid" (1969), "The Way We Were" (1973) and "The

Sting

" (1973). He received

an Oscar

for directing "Ordinary People" (1980).

The house came on the market in January at $13.8 million.

The listing agent was Sandra Miller of Engel & Volkers, Santa Monica. Sigi Ulbrich of Prudential California Realty, Westlake Village, represented the buyer, according to the Multiple Listing Service.

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