Leonardo DiCaprio's Malibu Beachfront Home Is on the Market for $10.95 Million

The actor has lived there for 18 years.

— -- It looks as if Leonardo DiCaprio is saying bye-bye to Malibu.

The Oscar winner is selling his beachfront property in the California coastal town for $10.95 million, according to online real estate website Trulia.

If DiCaprio, 41, sells his home at his asking price, he'll make a major profit. The actor purchased the property in 1998 for only $1.6 million.

The modern 1,765-square-foot home seems it would be worth the millions.

It features three bedrooms and two bathrooms, along with amazing views of the Pacific Ocean.

The kitchen, with plenty of storage and stainless steel appliances, opens right up to the dining area, which features another gorgeous view.

A fireplace makes this home super cozy, not to mention the hot tub on the private patio, with plenty of outdoor space for entertaining.