Leonardo DiCaprio is no stranger to genuine estate. He's dabbled in the industry,buying, renting out, and selling impressive properties. But his longest-term genuine estate relationship is poised to be his biggest win yet. The Oscar-winning actor just listed a Malibu beach house he purchased in 1998 for $1.6 million for a whopping $10.95 million. That's more almost seven times what he purchased the property for! The three-bedroom,two-bath home is located on prestigious Carbon Beach and has undergone a stylish renovation between final year - when Leo rented it out for $23000 to $50000 per month - and today. The updated 1765-square-foot cottage sits behind a gated entryway and welcomes guests into a gracious courtyard that leads to the unbeatable oceanfront location, total with spectacular view. While there's no pool, and a hot tub sits on one of two wooden decks perched over the Pacific. Beachy light wood runs throughout the white-washed,open-concept interior, and a modernized kitchen features stylish gray tile and cabinetry. Check out the coveted Malibu property in the slideshow ahead.
Source: popsugar.com