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Nick Nolte Selling Malibu Estate for $8.25 Million

Yahoo Celebrity

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Nick Nolte and his Malibu mansion have been through the ups and downs of the Southern California real estate market since the actor purchased the home in 1990, fresh off a string of '80s hit films. But after hanging on to the home for 23 years it seems he's finally ready to sell.

The "48 Hours" star just listed the 4-bedroom house for $8.25 million, according to real estate website Redfin. He paid $2.35 million for it.

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Nick Nolte (Amanda Edwards/WireImage)

A look at the photos shows the 6,000-square-foot estate, which sits on two acres in Malibu's Bonsall Canyon, isn't lacking in heavy stone and wood detail. Case in point: The listing boasts a mahogany arched entryway with onyx floor, 19-foot vaulted ceilings, six massive stone and carved wood fireplaces, Italian marble floors with wood inlay, and mahogany French doors and windows.

The property is split into two structures (because Nick needs his privacy when he has visitors). The main house includes a bedroom on the ground floor and a "romantic" master suite upstairs, complete with two fireplaces. There's also a detached 2-bedroom, 3-bath guest house with a couple of additional fireplaces and private entrances. The yard features a lighted tennis court, lagoon-style pool, and hot tub.

And Nolte isn't the only showbiz type to have lived there. Eagles member Don Felder, actor Tommy Chong, and music producer David Foster all previously owned the pad. But Nolte has the honor of being the only resident who made us cry in "Prince of Tides."

Check out more pics of Nick Nolte's Malibu home here ...

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