Prospective tenants can lease the property belonging to the `Shutter Island` star for six months or less. However the potential residents can hire the place out for $75,000 per month if they are interested in staying any longer than half a year. The luxurious beach home on Malibu Colony Road was originally purchased in October 2002 for $6million, according to Trulia. Spread over 2,633 square feet, the home features seven bedrooms, six bathrooms and a gym. The property is divided into a four-bedroom main house, with an additional two-bedroom detached guest home. The website states: "DiCaprio just completed a beautiful remodel in time for summer and is now ready to lease the home out to someone who wants a temporary taste of how the stars live. "Unique to a home right on the water, DiCaprio`s home has beautiful gardens and lawns. Consider it a beachfront luxury compound!" The Academy-Award nominee will next be seen on screen in Baz Luhrmann`s `The Great Gatsby`, starring Carey Mulligan, as well as his latest movie `Django Unchained`. The Quentin Tarantino Western - which includes a cast of Jamie Foxx, Samuel L Jackson and Christoph Waltz - is expected to be released at the end of this year.