With a net worth of $3.1 billion, Oprah Winfrey’s television career earned her enough to buy several homes. Even so, Oprah doesn’t open up about her home life often. She only reveals her exquisite interior design skills once in a blue moon.
If you haven’t seen her Montecito home–which cost close to $90 million–you’re in for a treat. The house wasn’t even for sale, but Oprah managed to buy it and transform the property into something spectacular. Take a peek!
Love At First Sight
Oprah Winfrey bought the $90 million Montecito mansion in June 2001. According to SF Gate, the home was originally owned by Robert and Marlene Veloz. The couple was renovating the house to host fund-raisers there. But their plans changed after Oprah visited that April.
Reportedly, Oprah encountered the house while snapping pictures for her magazine, O. Although the home was not for sale, Orpah made an offer that was an absolute steal for the Veloz family.
A Price That Broke Records
As reported by SF Gate, Oprah offered the Velozes an estimated $50 million for the estate. Compare that to the $14 million that the Velozes paid for it in 1998, and you have a done deal. Allegedly, the Velozes had thought that they didn’t need such a big home anyway.
When Oprah bought the house, Corinna Gordon Interior Design of Montecito had already spent three years on the design. The pool, patio, and tennis court were still under construction.
