Jeff Bridges Reduces Asking Price of Montecito Home

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Oscar winner Jeff Bridges recently cut $5 million more off the asking price of his estate in Montecito. It’s now available for $18.5 million. It was originally listed for $29.5 million.

The Tuscan-style property is drop-dead gorgeous with mountain and ocean views. The main house is 9,500 square feet with lavish hallways, soaring and exposed wood-beam ceilings, and a private tower/study that opens to a rooftop terrace. There’s a master suite, three en suite bedrooms, an eat-in kitchen, and a four-car garage.

The estate also includes a one-bedroom guest cottage, a two-bedroom caretaker’s cottage, and a swimming pool. The19.5-acre property also boasts a sculpted fountain, walking path, fruit orchard, and Italian cypress trees. A stately, iron gate rests between two pillars at the property’s entrance. (Image from Realtor.com)

Oprah Winfrey purchases Seamair Farm in Montecito

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Oprah Winfrey purchased the Seamair Farm at 380 Santa Rosa Lane in Montecitio on February 5, 2016 reported the Santa Barbara News Press on February 14, 2016. The Spencer T. Olin Trust conducted an Auction of the 23 acre farm on November 18, 2015. The trust conducted an Auction because they believed, “the property was very hard to value due to its size and location within Santa Barbara County.” This property that included 260 Santa Rosa Lane sold for $28,850,000.

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“As one of the potential buyers, Oprah carefully researched the positioning of the Seamair Farm and paid several personal visits to make sure it would meet the promises the positioning highlighted. She had a number of experts inspect different aspects of the property and paid extensive due diligence to the Property Package provided by listing agent Dan Encell and auctioneer Marty Rogers for the Spencer T. Olin Trust.” Images here taken from the Property Package

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1709 Overlook Lane in Santa Barbara

Sotheby’s International Realty presents a George Washington Smith estate that offers incredible ocean and island views. For more information about this incredible property contact us today!

1709 Overlook Lane in Santa Barbara, California from Frank Abatemarco on Vimeo.