James is in the process of moving to Austin to have his kids closer to Sandy who already has multiple homes in the city. She has also been spending time in the New Orleans mansion she owns.
As for the beachfront home in SoCal, it has 4 bedrooms, a media room, security gate, resort-style pool and a master bedroom with jacuzzi tub. Prospective buyers need to pre-qualify showing their bank statements and getting their photo taken.
[Image via AP Images.]