London, April 24 (IANS) Seasoned Hollywood actor Jack Nicholson is reportedly selling his Malibu home, worth $4.25 million, after staying in it for over 30 years.

According to Multiple Listing Service, Nicholson bought the 70-acre property in 1977 and has now put it on the market.

Nicholson, 74, might be wanting to move to find room for his ever-growing art collection, with an old friend saying he is "obsessed" with paintings.

"He collected paintings to the point of obsession. Jack bought so many paintings that they soon overflowed the wall space and had to be stacked against the walls of the Garfunkel Suite, as the maid's room was known. Eventually, the room was so full of stored paintings that there was no room for Garfunkel to stay anymore," contactmusic.com quoted Allegra Huston as saying.

The property is a ranch-style main house, with tennis court, swimming pool and grotto-style spa. In the main living quarters, which has 2,313 sq ft of space and mountain and ocean views, there are three bedrooms, two bathrooms and a maid's quarters.

However, a representative for the actor declined to comment on whether he is selling the property.