Kevin Costner lists Home for Sale

Kevin Costner’s sprawling Southern California coastal estate is on the market for $60 million. The 10.25-acre property is on a bluff in Carpinteria, approximately 10 miles outside of Santa Barbara. The property features unobstructed views of the Pacific Ocean, the Santa Barbara mountains, and several nearby islands. Residents also get exclusive access to a quiet beach and a path for horseback riding.

The property’s sole structure is a “modest house,” according to Tim Hoctor, co-listing agent for the property and a friend of Costner’s, as reported by Mansion Global. Costner reportedly ditched past plans to build a bigger residence, a guesthouse, and a pool; the existing home has just two bedrooms and one bath. Still, the breathtaking photos of the estate more than make up for the mystery of the Padaro Lane house itself. ¬†Judging by the sweeping pictures provided, the grass seems to go on forever, and the ocean and mountain views are stunning. (Image from Architectural Digest)

Proposition 60

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For homes bought and sold in the same county sellers over 55 can transfer their current low tax base to a newly purchased home. Proposition 60 was approved by California voters in 1986. As in any and all situations regarding your taxes you should always consult with your tax person (tax expert). To qualify for Proposition 60 the home must be the principal residence and one of the property owners needs to be at least 55 years old on the day the house is sold. And, all Proposition 60 transactions must be completed within 2 years of the sales date. (Photo of sailboats and Santa Barbara Harbor in the background from Instagram)

Win Santa Barbara Dream Home!

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The Museum of Contemporary Art, MCA, of Santa Barbara is offering a “Dream Home Raffle” with a 1 in 20 odds of winning over 2,500 prizes. You could win this “Dream Home” or choose $3,000,000 in cash.

Over the last ten years the raffle has raised million of dollars for the Museum of Contemporary Art in Santa Barbara. MCASB advances creativity and inspires critical thinking through meaningful engagement with the art of our time. Due to the funds raised via the raffle, MCASB has been able to extend its mission to young people and adults throughout the Central Coast as well as provide a venue for artists from around the country.

For more information visit the MCASB’s website for this raffle: MCA Santa Barbara Dream Home Raffle