The impressive 2,866-square-foot beach house features an open kitchen, dining, living, and family room, maid's quarters, and a spectacular, second floor master suite with ocean-views, reported Daily Mail.
Located within the star studded gated complex Malibu Colony, the house also boasts a wet bar, barbeque area and luxury spa area complete with mood lighting.
The 50-year-old actor had reportedly bought the property 10 years ago for USD 9.75 million.
The "Bruce Almighty" star also has a residence in LA's Brentwood area.