Leonardo DiCaprio’s Malibu mansion—an oceanfront hideaway reflecting his love for minimalist luxury—hit the market earlier this year for $23 million.
Three months later, the Oscar-winning actor reduced the price by over $3 million, bringing it down to $19.99 million after limited activity from buyers and renters.
The modern, glass-walled retreat offers panoramic views of the Pacific, multiple terraces, and a serene connection to one of Malibu’s most exclusive beaches.
A Price Cut on the Coast
DiCaprio first listed the four-bedroom, 4.5-bath property in July, pairing the $23 million asking price with a rental option of $65,000 per month. Following a quiet few months, the actor adjusted the pricing—lowering the sale to $19.99 million and the rental to $59,000.
The home sits on a secluded bluff along the Pacific Coast Highway, in a pocket cove known as El Sol, where beachfront properties rarely become available.
The location offers privacy and direct access to a quiet stretch of sand, making it one of Malibu’s most coveted spots.
Inside the Oceanfront Sanctuary
Purchased in 2021 for $13.75 million through an LLC managed by DiCaprio’s longtime business advisor, the 4,500-square-foot home embodies the coastal sophistication the actor favors.
With sleek, whitewashed interiors and floor-to-ceiling glass walls, the design seamlessly blends indoor and outdoor living.
The primary suite is a tranquil retreat, featuring a fireplace, spa-style bathroom with a soaking tub and steam shower, and a walk-in closet.
Every room opens to oceanfront patios or balconies that overlook the surf. Outside, the property includes a firepit lounge, sauna, hot tub, and an outdoor shower—all framed by manicured landscaping.
From the terrace, guests can often spot dolphins gliding across the waves, a detail the listing calls “rare and special.”
A Legacy of Malibu Real Estate
This isn’t DiCaprio’s first real estate move along the Malibu coast. The actor has long maintained a presence in the area, previously owning another oceanfront home that he bought in 1998 for $1.6 million and sold in 2021 for $10.3 million.
Over the years, he alternated between renting and selling that earlier property, even listing it for $20,000 a month in 2010 and $10.95 million in 2016.
His current Encinal Beach home continues that pattern—reflecting both an investment strategy and his enduring connection to Malibu’s shoreline.
Oceanfront Architectural Beauty
Nestled against the Malibu hillside, the contemporary coastal residence captures ocean views through expansive windows framed by palm trees and surrounding foliage.
Golden sunlight stretches across the secluded shoreline, where cliffside homes rise elegantly above the sand, bordered by tropical landscaping and swaying palms.
A narrow path flanked by dense green foliage leads directly to the serene shoreline, offering a hidden view of the glistening Pacific waves beyond.
Warm coastal breezes flow over the wooden deck, where a simple railing overlooks the sandy beach and rhythmic waves rolling gently ashore.
Endless blue water meets the horizon as waves break softly along the tranquil stretch of beach, framed by rocky edges and golden sand.
Sparkling surf glimmers beneath a clear sky while the distant coastline curves gracefully, revealing homes perched along the sunlit bluffs.
A sleek outdoor hot tub sits above the beach, offering breathtaking ocean views surrounded by lush greenery and the soothing sound of waves.
Palm trees rise above a grassy lawn featuring a spa and outdoor shower, blending tropical beauty with laid-back coastal sophistication.
Plush white seating surrounds a concrete fire pit on the terrace, merging indoor comfort with the breezy ambiance of oceanfront living.
A cozy outdoor lounge with white cushions and a stone fire pit overlooks the ocean, framed by lush greenery and a neatly trimmed lawn.
Waves roll gently toward the shore as soft seating surrounds a rectangular fire pit, creating an intimate coastal retreat just steps from the beach.
Broad umbrellas shade a plush seating area on the balcony, where glass railings reveal endless ocean views beneath a cloudless blue sky.
Towering palms rise beside the upper terrace, where white loungers rest under large umbrellas above the sweeping sands and rhythmic waves below.
Refined Coastal Interiors
A modern living area opens to ocean vistas, featuring a crackling fireplace, natural wood accents, and sleek built-in shelving arranged around soft white sofas.
Plush sectional seating encircles a dark coffee table near the fireplace, where warm tones and minimal décor create an inviting sense of calm.
Expansive glass doors open the airy living space to the sea, blending indoor comfort with coastal views and dining beyond.
Soft light floods the open-plan living and dining area, where a rustic wood table complements cushioned chairs and serene ocean panoramas.
Floor-to-ceiling glass panels connect the streamlined kitchen to the outdoor lounge, featuring white cabinetry, wooden shelving, and sleek countertops under recessed lighting.
A long wooden dining table anchors the bright open space, with neutral-toned chairs facing sweeping ocean views through vast sliding glass doors.
Sunlight floods the galley-style kitchen where white cabinetry, open shelving, and a long stone countertop frame breathtaking ocean views through sliding glass doors.
A curved hallway with light wood flooring leads toward an open doorway revealing the blue horizon, blending coastal charm with serene minimalism.
Expansive windows frame the ocean in a tranquil bedroom featuring soft neutral tones, airy curtains, and a cozy white loveseat.
Gentle light fills a serene bedroom where pale linens, plush chairs, and oceanfront glass doors create an atmosphere of peace and simplicity.
Plush beds line a bright media room with woven wall art and a large screen, offering a cozy retreat framed by greenery outside the window.
A minimalist bedroom features a compact workspace beside a window overlooking the sea, where crisp white walls and soft textures enhance the calm coastal mood.
Sunlight streams into a spa-like bathroom with dual vanities, polished countertops, and an ocean-facing window that invites the outdoors into the space.
A Broader Real Estate Portfolio
Beyond Malibu, DiCaprio’s real estate holdings span Los Angeles, New York, and Palm Springs.
Known for his environmental advocacy and refined aesthetic, his homes share a theme of sustainable design, clean architecture, and understated elegance.
The Malibu listing exemplifies that sensibility—modern yet warm, private yet open to nature.
Whether he chooses to keep it or pass it on, the property underscores DiCaprio’s ongoing influence in both Hollywood and high-end real estate circles.