The nearly 6,000-square-foot home with ocean views was previously owned by Olivia Newton-John, the Los Angeles Times reported.
Field, who won Oscars for her roles in "Places in the Heart" and "Norma Rae," currently starts as Nora Walker, the matriarch of the clan in ABC's "Brother & Sisters."
The house, built in 1958, is listed with Brant Didden of Pritchett-Rapf & Associates in Malibu.
Separately, "ER" actress Maura Tierney has listed her 3,000-square-foot, Hancock Park-area craftsman for $2.2 million. The four-bedroom, vintage-1913 house includes a two-story guesthouse, a pool and outdoor dining area with a fireplace.
Emil Alexander of Prudential California Realty, Pacific Palisades, is the listing agent.
Tierney, 44, owns another property in Venice.