Inside Cameron Diaz’s $15 Million Montecito Mansion Where She Spent ‘Best Years’ of Her Life With Benji Madden and Kids During Retirement

Actress Cameron Diazhas welcomed her third child with husband Benji Madden, nearly two years after she reemerged on the Hollywood scene following an 11-year hiatus from acting—a period that she described as the "best years" of her life.

Diaz, 53, and Madden, 47, who wed in 2015, announced the arrival of their baby boy in an Instagram post shared by the Good Charlotte rocker, who revealed that they have named their son Nautas, a name that means "one who embarks on a journey and fears not the unknown."

Sharing a "character" card for his son which featured an image of a pirate ship with a large "N" emblazoned on its sail, along with details about his name, Madden wrote in his caption: "Cameron and I are Happy, Excited, and feeling so BLESSED to announce the birth of our third Child, Nautas Madden. Welcome to the world Son!!

"We love life with our family—our kids are healthy and happy, and we are grateful!!! Having a blast. Sending all our best wishes, the Madden Family."

It is not known exactly when Nautas was born and the proud dad did not share any images of the baby boy in his post, having been fiercely protective of their children's privacy since the birth of their first child, daughter Raddix Wildflower Madden, who is now 6.

They welcomed son Cardinal Madden, now 2, in March 2024, two years after purchasing a palatial new family home in Montecito, which they bought for $12.7 million in 2022.

That property is thought to serve as the couple's primary residence, where Diaz soaked up much of her free time during her extended break from acting, which she announced in 2018 and, she later revealed, gave her an opportunity to focus on the things that really matter most—specifically building her family.

"For me, it was just something I had to do," she explained at Fortune's Most Powerful Women Summit in 2024. "It felt like something I had to do to reclaim my own life. And I just really didn’t care about anything else.

"Nobody’s opinion, nobody’s success, no one’s offer, no one’s anything could change my mind about my decision of taking care of myself and building the life that I really wanted to have.

"It really comes to: What are you passionate about? For me, it was to build my family."

The Montecito home also offered the couple something that their former residence in Beverly Hills had not: complete and utter privacy.

For years, the Santa Barbara enclave has provided an idyllic retreat for Hollywood's biggest stars seeking to enjoy the same kind of luxury that is offered in Los Angeles, but without the constant threat of paparazzi and prying eyes that so often accompanies a life in the heart of Hollywood.

Diaz and Madden's home offers more than enough space for their growing family, spanning more than 10,800 square feet, including six bedrooms and 10 bathrooms—while also boasting around two acres of land for the couple and their kids to enjoy.

Before being snapped up by the duo, a previous listing described the property as offering "impressive interior scale" as well as "ocean, island, and mountain views." It had also undergone a dramatic renovation before Diaz and Madden purchased it, ensuring that every inch was decked out in luxury.

However, while the actress spent the first few years after buying the home quietly soaking up life as an at-home mother and business owner, having launched her own clean wine brand, Avaline, in 2020, she made the decision to halt her retirement in 2024, when she returned to her first movie set in more than a decade to film a new project with Jamie Foxx.

The Netflix movie titled "Back in Action" marked the first movie Diaz had starred in since 2014, when she appeared in the remake of the musical hit "Annie," and she later admitted that she hadn't been certain any offer would manage to lure her out of her acting hiatus.

"I didn't think I was going to make another movie," she said in a Netflix promo video.

"I was perfectly happy, you know, just living my life doing other things. You know, like day in and day out, not movies. And then I get a phone call from Jamie Foxx. And how do you say no to Jamie Foxx when he says, ‘Hey, I’ve got this big action comedy that we can just have so much fun on.'"

"If there's anyone I'm going to go back and spend months on end, on set, having a ball, laughing with, it would be Jamie," she added.

It appears that project helped Diaz to rediscover her love of acting—with IMDB noting that the actress now has five other projects in the works, including an upcoming "Shrek" sequel, in which she will reprise her role of Fiona, as well as an untitled "Troop Beverly Hills" sequel.

Luckily, Diaz has not cut her real estate ties in Hollywood altogether; she and Madden still own a sprawling Beverly Hills farmhouse, which they purchased for $14.7 million in 2020.

While the couple did make multiple attempts to offload the property, listing it for $17.8 million in July 2024, they struggled to find a buyer and, after slashing their ask to $16.5 million in May 2025, they ultimately chose to take the dwelling off the market.

It's unclear how much the A-listers are actually using the seven-bedroom, 10-bathroom home, however it would serve as the perfect Los Angeles area home base should they ever need to be a little closer to Hollywood, either for work or a red carpet event.

Much like their dwelling in Montecito, the property offers ample space for their growing family, boasting more than 9,200 square feet of living space.

When the mansion went on the market for the first time, the listing described it as a "sophisticated custom architectural farmhouse estate" that featured a "lush" parcel of land.