Nick Nolte’s Malibu Manse gets a Pricechopper; Now Asking $5.9 Million

The Malibu mansion of Nick Nolte, the "Down and Out in Beverly Hills" actor has reportedly received a pricechopper and is now asking $5.9 million, down from the $8.2 million he was demanding in April, 2013, according to some real estate sources.

Nolte purchased the home sometime back in 1990. According to the Los Angeles Times, the place has a celebrity pedigree to it. It was previously owned by music producer David Foster and Don Felder of the Eagles. Originally, the home belonged to comedian Tommy Chong.

The listing records at Realtor.com state that the residence is a single family house spread over an area of 6006 square feet sitting on a 91,027 square feet lot. The home was built in 1963 and has high vaulted ceilings, hardwood and marble flooring and large wooden French doors and windows.

The main unit is a double story, four bed - four bath place with six large fireplaces, a huge living room, dining area and a modern kitchen with a breakfast area. Wooden stairs lead up to the upper floor, which has a built-in rack library, an office and the master bedroom with an ensuite bathroom.

Outside, the property has lots of green space, a pool and a basketball court too. The residence has a six car parking garage.

Check out the photos of the home, here.

Nolte lives right next to the house he has listed. Over the years he has amassed many properties around the area. In October 2008, his home (the listed one) caught fire and he had a narrow escape then. The fire had caused damages worth $3 million and he spent almost a year fixing it, reports the Wall Street Journal.

Nolte loves Gardening. Talking about how the activity is like religion in an interview with Sean Woods for Men's Journal, he said:

Gardening taught me a lot about this. You have to understand that for you to live, life had to change: The vegetables and plants that you've grown have made a pact, made a deal with you to keep them alive. Everything adapted to you. That's a Nolteism.