Spielberg Lists LA Horse Ranch for $29.9M, 25 Years After $5.75M Purchase
Director Steven Spielberg and his wife have put their Los Angeles horse ranch on the market for $29.9 million. The couple originally purchased the property in 1999 for $5.75 million, representing a significant appreciation in value over roughly 25 years. The ranch features high-end equestrian facilities alongside upscale residential amenities. An earlier plan to construct a five-story riding stable on the property was ultimately abandoned. The estate has remained a key part of the Spielbergs' real estate portfolio for nearly three decades.
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