After more than two years on the market, Rob Lowe's impressive Montecito mansion has finally found a buyer, reports The Wall Street Journal. The actor has closed the deal for some $45.5 million, marking the 10,000-square-foot home as one of the most expensive properties in the area. Nestled among homes owned by high-profile figures like Oprah Winfrey and Ellen DeGeneres, this estate has captured the attention of luxury real estate enthusiasts and celebrity watchers alike.
The mansion, known as Oakview, was commissioned by Lowe himself after he purchased the land in 2005. He envisioned a home that reflected the architectural style of his native Virginia. This unique vision must have resonated with the new owners, Jack McGinley, a retired healthcare executive, and his wife Julie, who are set to enjoy the luxurious lifestyle that Oakview has to offer.
Oakview boasts an impressive array of features, including a separate 800-square-foot guest house, a private screening room, a wine cellar, and even a piano bar where Lowe is said to have entertained guests with informal musical performances. The property is described as a classic, East Coast-inspired estate, infused with modern amenities and exquisite custom details, making it a true legacy property.
| Detail | Information |
|---|---|
| Property Name | Oakview |
| Size | 10,000 square feet |
| Guest House Size | 800 square feet |
| Number of Bedrooms | 6 |
| Number of Bathrooms | 11 |
| Acreage | 3.4 acres |
| Original Asking Price | $47 million |
| Final Sale Price | $45.5 million |
What You Will Learn
- Rob Lowe's Montecito mansion, Oakview, has been sold for $45.5 million.
- The estate features luxurious amenities and was designed to reflect Lowe's Virginia roots.
- New owners are retired healthcare executive Jack McGinley and his wife Julie.
- The property includes a guest house, screening room, wine cellar, and piano bar.
