A sprawling Carpinteria compound hit the market, Michelle Pfeiffer flipped and former Rockets star Tracy McGrady lists a Texas-size home.
If it gets its price, it will rank as California’s second-highest home sale ever. The current crown belongs to Jeff Bezos,The Carpinteria compound is owned by Bruce Kovner, an investor and hedge-fund manager who serves as chairman of the board of the Juilliard School. Crawling across 22 acres of coastal bluffs, the staggering estate was assembled over the course of 14 years and consists of five parcels.
Newly built when they bought it, the 10,000-square-foot mansion claims a third of an acre overlooking the fairways of the Riviera Country Club golf course.According to the listing, the three-story home showcases “Old World charm interwoven with modern sensibility.” That design palette is best captured in the living room, where rustic beams and a wall of rough-cut stone touch up a sleek, indoor-outdoor space lined with pocketing doors.
Legislation that would allow new multifamily housing developments in some California communities is shaping up to be the most significant housing bill in Sacramento this year, even though its impact on the state’s housing crunch would likely be limited,Dubbed the “duplex bill,” Senate Bill 9 marks the most conservative effort in a string of so-far unsuccessful measures by Sacramento lawmakers in recent years to permit more housing density in single-family neighborhoods.
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