Leonardo DiCaprio Buys a Home in the Palm Springs Desert

The Wolf of Wall Street star goes from the heat of the Academy Awards to a cool midcentury modern compound once owned by Dinah Shore.

Leonardo DiCaprio photo by: Robyn Beck/AFP/Getty Images
House photo by: Zillow
The Wolf of Wall Street Oscar nominee Leonardo DiCaprio paid $5.2 million for this midcentury modern estate once owned by Dinah Shore.

After all the excitement of The Wolf of Wall Street and the battle for Best Actor at the Academy Awards, it looks like Leonardo DiCaprio will be chilling in style in the desert, as he recently purchased the former Palm Springs estate of singer and actress Dinah Shore for $5.2 million.

That’s $300,000 below the $5.5 million asking price for the 7,000-square-foot home on 1.34 acres. The midcentury modern estate has six bedrooms, seven-and-a-half baths, not to mention a poolhouse, tennis court and detached gym.

The sprawling main residence features multiple floor-to-ceiling glass walls, some of which disappear to seamlessly link the inside with the outside. The interior is anchored by a massive natural stone fireplace and walls. There’s also a unique sunken bar in the living room. While the theme is midcentury modern, appliances and fixtures have been updated with state-of-the-art materials.

The desert estate, located in the Old Las Palmas area of Palm Springs, was originally built in 1965 and designed by famed architect Donald Wexler. Dr. Ben Lipps, chief executive of a kidney-dialysis company, and his wife, Jude, sold the property to DiCaprio. They bought it in April 2011 for $4.9 million.

DiCaprio has said he’ll be taking it easy after the massive effort required to film The Wolf of Wall Street, and has, in fact, confirmed only one other project on his slate at this time. That would be The Ballad of Richard Jewell, in which Jonah Hill will play the title character, the hapless security guard who found a mysterious backpack at the Olympics in Atlanta that subsequently turned his life upside down. DiCaprio will play his attorney.

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