Oprah Winfrey’s $90 Million Montecito Home
While it is common knowledge that Oprah Winfrey is a media mogul (and philanthropist, though she doesn’t really advertise this fact), you may not realize that she is also quite the real estate tycoon. In fact, with homes all over the country, from an equestrian estate in Montecito, CA to rural farm property in East Maui, HI and a gorgeous, yet over-the-top $14 million mansion in Telluride, CO, she has plenty of places to call home. However, it’s her large estate in Montecito, often referred to as the Promised Land, where she can most often be found.
A Quick Look at Oprah’s Montecito Property
Oprah originally purchased the 42-acre estate for $50 million in 2001. (Today, it’s estimated to be worth $88 to $90 million, according to a 2012 tax assessment.) In 2016, she had the opportunity to purchase an adjacent 23.26-acre parcel of land, known as Seamair Farm. For $28.85 million, she picked up the property, which included a 5,000 sq. ft. ranch-style house, a pool, top-of-the-line horse stables, caretaker’s cabin, an equestrian ring, and fruit and avocado orchards. On the other side of the property is a 44-acre dedicated preserve, meaning Oprah doesn’t have to worry about getting any new neighbors, at least on that side. Seeing as Oprah already has an extravagant mansion on the older portion of the property, it’s highly doubtful that she will be moving into the second home.