I was wrong - decaprio already owns beach property in Malibu it was BRAD PITT who just dropped 40M on a seaside mansion
https://news.yahoo.com/brad-pitt-buys-historic-seaside-193709878.html
Don’t know about this property but Carmel Highlands
is east of hwy 1 and is described as about 300 ft elevation.
I was wrong as well. Pitt’s new abode is between
the hwy and the ocean. It appears to be way out of
harm’s way. Highlands is farther up I think.
https://kion546.com/news/2022/07/26/brad-pitt-buys-40-million-carmel-by-the-sea-home/