Oprah Winfrey is shrinking her real estate footprint in Montecito. The media mogul has sold four acres of her Promised Land estate-her primary residence for over two decades-for $17.2 million, as first reported by Siteline Santa Barbara. Though she began assembling the compound in 2001, the just-sold property was a more recent acquisition; Winfrey bought the Spanish Revival-style ranch from actor Jeff Bridges in 2019 for $6.85 million.
The 10,086-square-foot home at 2126 East 4th Street belonged to Eli Gindi, a real-estate developer whose family founded the Century 21 department-store chain. Gindi appears to have unloaded his Beaux-Arts-ish McMansion in an off-market deal to Victor Hakim, the founder and CEO of the Choice Home Warranty firm, according to city records and PincusCo, which first reported the transaction.