Director Michael Bay's Santa Barbara House goes on the market for $6.8 million.

In early September, the spectacular Santa Barbara residence of 45 year old director Michael Bay (of the Transformers franchise, the Island, The Rock, Armaggedon, Pearl Harbor, Bad Boys and countless commercials) went on the market for 6.8 million.Built in 1993, the 4 bedroom 4.5 bath residence is 5400 sq.ft. on approx. 1.3 secluded acres with expansive ocean and island views.Designed by

A 12.2 Billion Dollar Home Is The World's Most Expensive Home Ever Built. (UPDATED)

UPDATE: I'm sorry to report that despite being furnished the following information by Stuart Hughes' own company, recent reports hint that this story is greatly exaggerated, if not completely fabricated. The house seems to be in the 'planning stages' not actually built as Stuart Hughes claims. Unfortunately, this is not the first time Mr. Hughes has made many suspicious with his outlandish claims