In 1999, Steven Spielberg and Kate Capshaw bought a 2.8-acre Los Angeles horse ranch for $5.75 million; 27 years later, their seven-bedroom equestrian estate with a 20,000-sq-ft riding arena is seeking $29.9 million

Steven Spielberg and his wife are selling their stunning Los Angeles ranch for $29.9 million, a significant increase from the $5.75 million they invested in 1999. This gorgeous property features premium equestrian facilities and lavish living quarters. Earlier dreams of a five-story riding stable were scrapped, but the ranch has been a vital component of their real estate holdings for almost three decades.
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