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 industrialist family for close to four decades.
Accessed by a private drive, the estate centers on a main house designed by noted architect Cliff May. The ranch-style home has four bedrooms, 4.5 bathrooms and four fireplaces in 4,750 square feet of space.
A manager’s cottage, a horse trainer’s house, a stable and barn, riding rings, paddocks and irrigated pastures make up the pastoral grounds. Tall palms and citrus orchards surround the property.
Panoramic views take in the Santa Ynez Mountains, San Ysidro Creek and the Pacific Ocean. A dedicated preserve of 44 acres borders the eastern part of the property.
Winfrey, who turned 62 last month, has a sizable real estate portfolio that includes other properties in Montecito, Chicago, Hawaii and Tennessee.
The billionaire hosted “The Oprah Winfrey Show.” She is president of Harpo Productions, a media and entertainment company she founded in 1986.
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