California’s most expensive home is on the market – and it is a must-see oceanfront property
The Pacific estate is asking for $160 million – and it will be among the expensive homes ever sold in the Golden State


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Sanctuary at Loon Point, California’s most expensive home, has just entered the market – with a price tag of $160 million (£117.4 million). If the Carpinteria estate receives its full asking price, it will be the second most expensive home ever sold in California, following only behind Jeff Bezos’ Warner Estate, costing $165 million.
Beyond the west coast, the estate, which is currently owned by hedge-fund manager and Julliard school chairman Bruce Kovner, will be the third most expensive home sold in the US.
It comes after a Manhattan apartment (sold for $238 million) that currently holds the record. This means the home is one of the world’s best homes – and one of the most exciting currently on the market.
With its 22 acres of lush landscaping, the land divides into five parcels – featuring two distinct estates, Ocean View and Bellevue – connected by a private road. These Mediterranean-style mansions are something to behold, but much of their grandeur remains hidden from the public underneath its terracotta tiled roof. Here, you can take a look around.
Firstly, the home has set the tone for luxury hallway ideas with its chandelier-drenched entryway that foreshadows the unrivaled beauty that awaits throughout the rest of the house.
Notable design features include stone archways and marble accents, paired with high ceilings with exposed natural beams that exhibit a rustic European charm in central California.
The interiors continue to reshape elegant kitchen and living room ideas, most particularly through its open-plan design that combines the two spaces to create a large space for entertaining.
The area also includes floor-to-ceiling windows to emphasize California’s rays throughout the wooden-kissed hangout.
Beyond the living room and kitchen, the estate is a maze of unique interior design tips that epitomize contemporary Santa Barbara living whilst honoring timeless features. These include a wood-paneled library and ornate mantlepieces that offer a blanc design canvas with a historical twist.
Sanctuary at Loon Point similarly resets Carpinteria’s garden ideas with its exquisitely designed courtyards, complete with marble statues and its ocean-view terraces.
There is also a large pool a rose garden that creates a traditional juxtaposition against SoCal’s palm trees.
Photos courtesy of TopTenRealEstateDeals.com.
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Megan is the News and Trends Editor at Homes & Gardens. She first joined Future Plc as a News Writer across their interiors titles, including Livingetc and Real Homes. As the News Editor, she often focuses on emerging microtrends, sleep and wellbeing stories, and celebrity-focused pieces. Before joining Future, Megan worked as a News Explainer at The Telegraph, following her MA in International Journalism at the University of Leeds. During her BA in English Literature and Creative Writing, she gained writing experience in the US while studying in New York. Megan also focused on travel writing during her time living in Paris, where she produced content for a French travel site. She currently lives in London with her antique typewriter and an expansive collection of houseplants.
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