Sells house for $26 million

Spielberg sells his Malibu mansion for $26 million. The house is sold in an off-market deal and not in the multiple listing service. The house features seven bedrooms and ten bathrooms, formal living and dining rooms, a massage room and a home theater. Outside the house are a swimming pool and spa, and a two-bedroom guesthouse. Spielberg bought the property in two separate transactions in 1989 and 2000, paying a total of $6.575 million. When Spielberg and his family were not at home, he rented the property during the summer for $125,000 a month.