Rob Lowe Relisted His Magnificent Montecito Mansion For $42.5 Million – Photo: Arnold Jerocki/WireImage; The Agency
Actor Rob Lowe has put one of the most stunning estates in Montecito up for sale for $42.5 million, a $4.5 million price reduction from a year ago.
The home, nicknamed Oakview, is reminiscent of the country estates in Charlottesville, Virginia where Lowe was born. Lowe and his wife, jewelry designer Sheryl Berkoff, recreated a classic East Coast-style estate in 2009 in the star-studded enclave near Santa Barbara.
The home, built after the couple bought the 3.4-acre site in 2006 for $8.5 million, was listed about a year ago for $47 million, according to realtor.com.
The 10,000-square-foot Georgian Colonial-style home stands bright white and offers Pacific Ocean views. The house has six bedrooms, 11 baths, several large formal rooms, a huge white family kitchen, separate catering kitchen, wine room, multiple living and dining areas, a theater and an sweeping master suite.
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See the official listing at ‘Rob Lowe’s Oakview Estate‘