The property is situated in Carpinteria, close to Santa Barbara, a hotbed for superstar consumers on California’s coast. It spans 10 acres of manicured land, resting atop a bluff overlooking the Pacific, and options an 8,000-square-foot house, in keeping with studies.
That is the second time that Friedland purchased certainly one of DeGeneres’ high-end estates. In February, the mining billionaire paid $32 million for a Mediterranean-style property in Montecito often known as Pompeiian Court docket.
The Ivanhoe Mines chairman himself has been busy together with his actual property dealings this 12 months. Lately he offered one other Carpinteria property for almost $50 million.