Jeff Bridges and his wife of 38 years (in Hollywood? Inconceivable!) have sold their Montecito home for just $15.9 million, after initially listing it at $29. Nineteen acres overlooking the Pacific, and a gorgeous house, too*. Some Wall Streeter just grabbed a bargain.
Venture capitalist Matt Harris has snapped up actor Jeff Bridges’s Tuscan-style villa in Montecito, California, which finally sold last week for nearly half the original asking price set a year ago.
The six-bedroom house on nearly 20 acres in Santa Barbara County closed on Friday for $15.925 million, according to property records. The Academy Award-winning actor and his wife, Susan, originally listed the home in March 2016 for $29.5 million.
Perched in the Montecito foothills, the property overlooks the Pacific Ocean and surrounding mountains. A long drive over a stream and past mature olive trees leads to the front of the 9,500-square-foot main house, according to the listing with Suzanne Perkins of Sotheby’s International Realty.
Santa Barbara architect Barry Berkus designed the home, which was completed in 1988. The entry opens into a double-height foyer with stone columns meant to invoke grand European cathedrals, according to the listing.
Besides my long-term admiration for Bridges - who couldn't like Sea Hunt's son? - and his great performance, years ago, in Thunderbolt and Lightfoot, I'm awed by this house. I'm still trying to accumulate the cash to buy a house like this, but if I had $29 million, I'd have paid it.
Mrs. Bridges, 62, said the property has served as the couple’s primary home, where they raised their three daughters. The grounds include what she calls Mr. Bridges’ “fort”—a quiet spot with a hammock, swings and benches, where he occasionally makes pottery. Walking trails lead to a nearby natural hot spring and the property overlooks Montecito and the Channel Islands. A recirculating creek appears to flow into a pool near the home.
While living at the home, Mr. Bridges, 65, worked on many of his best known films, including “The Big Lebowski,” “True Grit” and “Crazy Heart,” for which he won the 2010 Academy Award for Best Actor.