Oprah Winfrey has made another major move within her famous Montecito property portfolio, selling a Spanish-style home that once belonged to Hollywood actor Jeff Bridges. The media mogul purchased the property from Bridges in 2019 for $6.85 million. Six years later, the home changed hands again, with Adam Levine and Behati Prinsloo paying $17.27 million for the estate, as per a report by Realtor.com.
The sale gives the property another celebrity chapter while also highlighting Oprah's ongoing decision to reduce the collection of homes surrounding her famous Montecito estate.
How much did Oprah make from the Montecito sale?
According to property records, Oprah bought the Spanish-style dwelling from Jeff Bridges for $6.85 million in 2019. She later sold it to Levine and Prinsloo for $17.27 million.
Realtor.com exclusively revealed the identity of the buyers after the sale was initially reported by Siteline Santa Barbara without naming them. The deal represents a substantial increase over what Oprah paid for the property six years earlier.
The house had previously been part of the wider collection of properties surrounding Oprah's main Montecito residence, known as "The Promised Land." She purchased the enormous central estate for $50 million in 2001 and gradually added surrounding parcels over the years.
More recently, however, Oprah has been selling some of those additional properties.
Two years before selling the former Bridges home, she sold another nearby property to "Friends" star Jennifer Aniston for $14.8 million. Two smaller cottages from the same estate were sold to her longtime friend and trainer, Bob Greene, for $2.3 million.
