Bruce Wasserstein’s Santa Barbara property sells for $14 Million
November 26, 2015 - Santa Barbara
The family of late investment banker Bruce Wasserstein has sold his Santa Barbara, Calif. estate for $14 million.
The 12½-acre property first went on the market in January for $19.95 million, then was reduced to $16.9 million in July [...].
The Mediterranean-style house was built in 2003, with an addition a few years later. Located on a hillside in the Hope Ranch area, the eight-bedroom house measures about 13,000 square feet.
The landscaped grounds include palm trees and a number of outdoor sitting areas. A roughly 70-foot-long swimming pool and pool house overlook the ocean. There is also a tennis court and a stable for horses.
Mr. Wasserstein died in 2009 at age 61. Dan Johnson and Bob Lamborn of Sotheby’s International Realty had the listing.
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