In 1999, Steven Spielberg bought this 2.8-acre LA equestrian estate for $5.75 million

Celebrated director Steven Spielberg and his wife, Kate Capshaw, have listed their magnificent equestrian property, known as Dogwood, with an asking price of $29.9 million. Featuring a generous seven-bedroom residence and exceptional facilities tailored for horse lovers, the estate was originally purchased by Spielberg in 1999 for $5.75 million. The substantial increase in price reflects the extensive upgrades and enhancements made to the property during their ownership.