It turns out Jack will let go — for a steep profit.
Leonardo Dicaprio is selling his 1,765-square-foot beachfront cottage in for a sliver under $11 million, or a titanic $6,200 a square foot, Variety reported. He’s asking for almost seven times what he paid for the property, when he acquired it in 1998 for $1.6 million.
Located on the prestigious Carbon Beach, the cottage has three bedrooms and two bathrooms. It features an open-plan living area with fireplace, sliding glass doors with the deck, a galley kitchen and access to the second-floor balcony from both bedrooms.
The Oscar-winning actor, environmentalist and philanderer of supermodels has leased the property several times. The most recent asking rent, as of last spring, was a cool $50,000 a month.
DiCaprio has sold two other Malibu homes in the past 10 years, including one for $7.4 million in 2009 and another for $17.35 million in 2013. He currently owns homes in the Bird Streets neighborhood as well as Silver Lake, and at least three apartments in Lower Manhattan.