George Lucas Spends $20M on Beach Home

The force is clearly with George Lucas, who recently closed on a beach estate with 150-feet of beach frontage in Carpinteria, Calif., according to several news reports.

The "Star Wars" creator apparently negotiated more than 20 percent off the $24.95 million list price of this Santa Barbara-area home if he indeed sealed the deal for $19.5 million, as reported by the Real Estalker.

That price is quite a blow to the sellers of the 3,540-square-footer at 3389 Padaro Lane given it was originally listed for a whopping $37.5 million in July 2008, way more than the $27 million they paid for it in August 2006.