Adam Levine quietly flipped his Montecito house for huge profit – DIRT

While the deal went mostly at the bottom, records show Adam Levine and his wife Behati Prinsloo ceded their Montecito estate to a still unidentified buyer in June for a whopping $ 28.5 million. That’s $ 5.8 million more than they paid three months earlier for the century-old estate, which spans nearly 5.2 acres with ocean views. Siteline Santa Barbara first reported the deal off-market. (Oddly enough, it looks like the house was returned a second time in August – to another anonymous buyer – for $ 28 million, a loss of $ 500,000 to the seller.)

Designed in 1923 by a handsome artist turned architect George washington smith and landscaper Lockwood of Forest Jr., the stately mansion was originally built for attorney John A. Jameson, one of Montecito’s founding “godfathers”. The place then passed by many owners, none of them particularly famous, and more recently it had been on and off the market for years, initially with a demand of $ 29.5 million, before finally selling. to Levine with a huge discount.

Tucked behind tall gates, down a long driveway lined with mature oak trees and manicured lawns, the resort comprises at least four separate structures on two plots of land. Among them: the main house in neo-Spanish style, plus an independent garage for five cars topped by a three-room apartment, a two-bedroom guest house made of planks and slats and a one-bedroom cottage – for one. total of nine bedrooms and 11 baths in 12,653 square feet of living space.

As for the main house, the structure comprises 12,000 square feet of elegant yet rustic interiors punctuated by arched windows and doors, high wooden beam ceilings and terracotta floors. Highlights include a formal living room featuring two sets of French doors flanked by a stately fireplace; gourmet wood-clad kitchen with high-end stainless steel appliances and a spacious center island; and a main upstairs retreat offering views of the gardens and ocean via a private terrace.

There is also a cinema room and a wine cellar. But the undeniable star of the show is the scenic grounds, complete with a tennis court and observation lodge, putting green, and swimming pool – all surrounded by winding paths, stone fountains, a man-made pond / stream, and numerous loggias and patios ideal for al fresco dining and entertainment.

In case you were wondering, Levine and Prinsloo, who started the Tequila Calirosa mark together earlier this year – are far from homeless. In 2018, they paid now-divorced couple Jennifer Garner and Ben Affleck $ 32 million for a luxury mansion in the Los Angeles community of Pacific Palisades, in the coveted pocket of the Riviera neighborhood.

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