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Oprah Winfrey

Oprah lands a $28-million equestrian ranch in Montecito at auction

Oprah lands a $28-million equestrian ranch in Montecito at auction

Oprah Winfrey has been on a roll lately.

The media mogul in December scored a high-tech ski home in Telluride, Colo. Now she’s expanded her holdings in Southern California, buying an equestrian property in Montecito at auction for $28.85 million.

The roughly 23-acre estate known as Seamair Farm was put up for auction in November, with Marty Rogers of Sage Auctions and Dan Encell of Berkshire Hathaway HomeServices handling the sale, and closed escrow last week.

Prior to the sale, it had been owned by members of the Spencer T. Olin...

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