Oprah Winfrey buys home worth $29 million in California

Media mogul Oprah Winfrey is apparently doubling down on her real estate empire. She recently picked up a $28.85 million 23-acre property in the heart of Montecito, a ritzy seaside town just south of Santa Barbara, California. Before that in December, she snagged a $14 million Telluride home. She already happens to own an $85 million estate a few miles from this new Santa Barbara purchase.

The ranch-style property — called Seamair Farm — is designed by renowned California architect Cliff May, remembered for popularising the style in the 1930s. The sprawling 4,750-square-foot single-level house has four-bedrooms with four fireplaces and is set up with full equestrian facilities. The house is built for outdoor living, with a series of open and covered patios and decks. There's also a separate manager's cottage and horse trainer's house on the property.

A koi pond provides a meditative retreat, although the property is already plenty quiet. There's also an avocado orchard, a pool, and a large, flat lawn. In fact, the property is one of the largest estates in Montecito and is bordered by a nature preserve, a golf club, and other private estates.

There are even two private wells on the estate. With California in drought and water a sought-after commodity, personal wells are no small perk.