A great deal of interesting market activity has been taking place in the Southern California real estate market. From homes being bought and sold by celebrities to a historic home hand-built by a blind man, here is a look at some of the area’s recent activity.

Oprah’s Purchases Montecito Estate

Oprah has reportedly paid $28.85 million for a new property in the wealthy coastal community of Montecito. Called Seamair Farm, the equestrian estate sits on 23.26 acres next door to a 40-acre plot the star already owns. The 5,000-square-foot ranch-style home was designed by Cliff May. Some of the outdoor features include a pool, horse stables, an avocado orchard, fruit orchards and two private wells.

Jim Buss Puts Penthouse on the Market

Lakers co-owner Jim Buss has reportedly put his penthouse at the Ritz-Carlton Residences in LA on the market for $8.8 million. Buss purchased the 4,300-square-foot home in 2013 for $4.05 million. The home features three bedrooms, three and a half bathrooms, a formal entry, a living room and a dining room. The penthouse also comes with access to the tower’s rooftop pool and cabanas, two parking spaces, a gym and 24-hour valet service.

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David Geffen Selling Carbon Beach Property

Media mogul David Geffen is reportedly quietly trying to sell his Carbon Beach home in Malibu for $100 million. The two-parcel property reportedly includes a screening room, guest house, a swimming pool, a spa and a lily pond. This particular property gained notoriety after Geffen filed a lawsuit to keep people from accessing the public beach via his property.

Miley Cyrus Adds to Her Malibu Real Estate Holdings

23-year-old Miley Cyrus recently purchased a $3.9 million mid-century home in Studio City and a $5 million ranch/vineyard in Hidden Hills. Even more recently, she has purchased a 1,384-square-foot Malibu mansion for $2.525 million. Located in Ramirez Canyon, the two-story, four-bedroom home was originally constructed in 1958. Features include a driveway that passes over a seasonal stream, a large backyard with a gazebo hot tub and a private balcony located in the master bedroom.

Tujunga Home Hand-Built by Blind Man

A charming Tujunga house has been put on the market for $600,000. While the home was not previously owned by a celebrity, it has an interesting history in that it was hand-built by a blind man named Elmer Reavis from locally-sourced arroyo stone. The historic home was constructed in 1924 with the help of a combination of pulleys and ropes. According to reports, Reavis used the same pulley and rope system to hoist a 1,500-pound stone above the fireplace. Resting on a 10,290-square-foot lot, the 1,398-square-foot home features stained glass windows, exposed beams and a guest house with a studio, loft, kitchen and bedroom. Sitting up against the foothills, the property’s outdoor features include a patio, a pool and a fish pond.

If you are interested in learning more about Southern California real estate opportunity, contact our team of luxury real estate experts. We specialize in real estate in the most exclusive communities in the area.

If you’re eyeing a luxury home fit for a celebrity, take a look at our properties below and contact our agents for more information.

  1. 6 beds, 9 baths
    Home size: 8,034 sq ft
    Lot size: 1.28 ac
  2. 4 beds, 6 baths
    Home size: 5,660 sq ft
    Lot size: 7,088 sqft
  3. 6 beds, 10 baths
    Home size: 8,458 sq ft
    Lot size: 18,981 sqft
  4. 2 beds, 3 baths
    Home size: 3,358 sq ft
  5. 8 beds, 9 baths
    Home size: 11,826 sq ft
    Lot size: 26,755 sqft

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(all data current as of 10/19/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.