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Leonardo DiCaprio Finally Sells Malibu Retreat for $17.5 Million

Leonardo DiCaprio, the "Titanic" actor has finally sold his home in Malibu for $17.5 million, according to various news reports. The actor has managed to unload it after trying for about two years now.

The home has gone through its own real estate ups and downs. DiCaprio first offered the home for rent in May 2012 for $75,000 a month. In November that year, the home was up for sale with a $23 million price tag. However, sitting unclaimed then, the house was offered up for rent in February again for the same rental price.

The house returned to the listing market with a price-tag of $18.9 million in August, after tenants vacated on Labor Day. Considering the sale price, the home sold for about $1.5 million lesser than the asking price. However, Leo has made a good profit off the deal. He purchased the place in 2002 for around $6 million.

The property has three units all encompassed in a 17,679 square feet lot. The estate comprises of a four bedroom main unit, a detached two bedroom guest house and a one bedroom office space. The place has six full bathrooms and one half bathroom. The home has mixed flooring with wooden doors and large glass windows.

Check out the pictures of the residence, here.

Meanwhile, Leo just purchased an apartment in Greenwich, New York City after a lot of searching. He has also joined the board of the building at 66 East 11th Street, an ultra-luxury, boutique residential development in Greenwich Village.

Read more on his buy, here.

Leo's latest movie "Wolf of Wall Street" released Dec.25 garnering some solid reviews. Rotten Tomatoes gave the movie a 7.6 on 10.

If you have already watched the movie and loved it, you can also live like the Wolf! Leo's apartment featured in the movie is also up for sale at $6.5 million. Check the residence out here.

For those of you, who haven't watched the movie, catch the trailer below:


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