'Jurassic World' Producer Steven Spielberg Sells Malibu Estate for $26M
"Jurassic World" producer Steven Spielberg has unloaded one of his luxury properties in an off-market deal.
The famed director sold his Malibu estate for $26 million, Los Angeles Times reported, citing property records.
News about the hush sale first surfaced on the web in June. According to Variety, the retreat home was rumored to have changed hands for a higher price of $35 million. But before the estate was sold, it was offered on the rental market for about $125,000 per month during the summer season, added the Times.
The 7,237-square-foot home constructed in 1992 is sitting on more than one acre of land. It showcases seven bedrooms and 10 bathrooms and displays a 144-foot-long frontage.
Other living spaces that occupy the two-story Craftsman-styled dwelling place are a formal living room, a grand dining room, a massage room, and a home theater.
Overnight visitors may also stay in a separate guesthouse that comes with two bedrooms.
The expansive grounds are also highlighted by a swimming pool equipped with a spa.
More Movies to Make
The film producer is not retiring anytime soon as he truly enjoys making movies. He also likes creating films with other producers as well.
"I get that same queasy, nervous, thrilling feeling every time I go to work. That's never worn off since I was 12 years old with my dad's 8-millimeter movie camera. The thrill hasn't changed at all. In fact, as I've gotten older, it's actually increased, because now I appreciate the collaboration... When I was a kid, there was no collaboration, it's you with a camera bossing your friends around. But as an adult, filmmaking is all about appreciating the talents of the people you surround yourself with and knowing you could never have made any of these films by yourself," Spielberg told the New York Times.
Spielberg got his Oscar awards for producing and directing the Liam Neeson-starrer epic war film "Schindler's List" and "Saving Private Ryan" starring Tom Hanks and Matt Damon. The 68-year-old producer is also known for his blockbuster projects such as "Indiana Jones and the Raiders of the Lost Ark" (1981), "E.T. the Extra-Terrestrial" (1982), "Back to the Future" (1985), "Jaws" (1985), "Transformers" movie series, and "Men in Black" films, among others.
Spielberg is set to produce "Indiana Jones 5," which he will also direct, "Transformers 5" and a reboot of his 1984 film, "Gremlins."
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