Seamair Farm, Montecito, CA
Media mogul Oprah Winfrey is apparently doubling down on her real estate empire. She recently picked up a US$28.85 million 23-acre property in the heart of Montecito, a ritzy seaside town just south of Santa Barbara, California. The property had not been on the market in nearly 40 years and is a unique opportunity to own a private sanctuary with an open canvas. Winfrey already happens to own an US$85 million estate a few miles away.
The new property – called Seamair Farm – is a sprawling, ranch-style setup with full equestrian facilities. There’s an avocado orchard, a fish pond, a pool, and a large, flat lawn. In fact, the property is one of the largest estates in Montecito.
And it seems Ms. Winfrey is on a Real Estate spending spree. She just snagged a $14 million Telluride home in December.
(Sources: Wealth X, Business Insider, Sageauctions.com)