Orlando Bloom Slashes Price On Malibu Zen Retreat By $2 Million

Orlando Bloom's Malibu Move-On: Price Cut Drama

Who says Hollywood isn't full of surprises? This time, it's Orlando Bloom making waves as he takes a cool $2 million off the price tag of his famed Malibu retreat. The British heartthrob, known for starring in blockbusters like 'The Lord of the Rings' and 'Pirates of the Caribbean,' is clearly eager to close this chapter. The actor initially listed his Japanese-inspired home for a hefty $12 million back in March. After a May markdown to $11.45 million, the current listing now sits at just under $10 million, as confirmed by Realtor.com.

The home’s also open for rent if buying isn't your scene – available for a breezy $35,000 a month according to Zillow. A savvy move, considering the property was snagged by Bloom for just $2.5 million in 2011. The house holds sentimental value too – it’s where Bloom and ex-wife Miranda Kerr once lived and where their son Flynn spent his early days.

“It felt like it might be the right time to let it go,” Bloom shared, reflecting his readiness to move forward.

A Malibu Masterpiece with a Japanese Twist

Nestled near El Matador State Beach within a gated enclave, this two-story haven was originally built in the mid-1970s. Bloom's done more than just live there; he's transformed it with over $5 million in renovations. The updates are nothing short of spectacular, giving the home a serene "Japanese feel," complete with a pool added to the lush rear garden.

Inside, the vibes are immaculate. With wood-beamed ceilings, barn-style doors, and a trendy jade green kitchen, every corner of the 4,200-square-foot residence is Instagram-ready. Roy McMakin’s custom furnishings add artistic flair, and the interiors pop with azure blue and butter yellow accents.

Luxury Living with Breathtaking Views

Step outside, and you're met with breathtaking views from an expansive terrace that hugs the length of the home. The grounds promise entertainment with al fresco dining spots, a wet bar for hosting, a barrel sauna, and even a wooden soaking tub. It's a car enthusiast's dream too, boasting a two-car garage.

Though Bloom hasn't been a full-time resident for a while – last year, he opted to rent it out – his decision to finally sell suggests he's ready for new beginnings. The property, listed at $9.99 million with Carl Gambino from Gambino Group at Compass, awaits the next owner to enjoy California living at its finest.