Oprah just expanded her Montecito compound by scooping up Jeff Bridges' neighboring ranch for $6.85 million. Here's a look inside the media mogul's new property.

Taylor Borden

November 26, 2019 3:53 PM

Courtesy of Eric Foote/Elevated Horizon

Oscar-winning actor Jeff Bridges listed his Montecito ranch in April for $8 million.

In early November, Variety reported that Oscar-winning actor Jeff Bridges sold the Montecito, California, retreat he shared with his wife to neighbor and media mogul Oprah Winfrey.
Oprah bought the home for $6.85 million, the same price Bridges paid for the ranch in 2014. He listed the ranch for $8 million in April.
The Santa Barbara -area home sits on four acres and includes a five-stall horse barn and a detached pool house.
The purchase brings Oprah's real-estate holdings in Montecito up to 70 connected acres worth roughly $86 million, according to The Real Deal.
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Last month, Oprah had two Montecito ranches collectively worth $79 million. Now, she has three ranches collectively worth almost $86 million.

According to Variety's James McClain, Oprah's latest foray into the real-estate market is a $6.85 million Spanish-style ranch she bought from her Oscar-winning neighbor Jeff Bridges earlier this month.

Bridges bought the Santa Barbara-area ranch in 2014 for $6.85 million. The 4-acre property underwent extensive renovations after 2017 mudslides, according to Architectural Digest. He listed the home for $8 million in April, meaning Oprah waited six months for a price cut.

Sally Hanseth of Coldwell Banker held the listing and represented Oprah in the sale.

Keep reading for a look inside the home.

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