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Mega-producer Michael Bay has just put his Montecito mansion on the market for a cool $6.8 million.

According Realtor.com, the home is located just outside Santa Barbara, California and has four bedrooms and six bathrooms. The home is 5,400 square feet of sleek, understated modernity and features a pool, spa, hardwood floors, an open floor plan, and ocean views. The catch? Besides the multi-million dollar price tag, the lucky new owner is going to have to pony up what almost amounts to the United States’ median household income in property taxes alone. Public records show that last year’s tax bill came to $43,331.