The Broad Beach home has been on and off the market since the late 1990's. It was recently listed in July 2011 for $14.749 million.
The couple rents the 4,200-square-foot Balinese-style home for $90,000 a month, which offers views of the ocean with its Pacific Coast Highway location. It features four bedrooms and four and a half bathrooms, two-room detached guest house, oceanfront patio, a sheltered outdoor living room, floor-to-ceiling windows and fireplace and a spa-bath area. It was built in 1978 and was redesigned by architect Gus Duffy in 2005.
Russell stars in the upcoming flick The Art of the Steal. Hawn received a supporting actress Oscar for Cactus Flower and was nominated for lead actress in Private Benjamin. The two starred together in the 1987 movie Overboard. The couple has been together for 30 years.