Diandra Douglas in Montecito, Estate of the Day

Today's estate belongs to Diandra Douglas, the former wife of Michael Douglas. The former Mrs. Douglas owns an enviable spread in Montecito, the ultra-pricey enclave that is home to Oprah Winfrey, Ellen DeGeneres and others. The Tuscan villa is on over seven acres which is actually divided into two lots. It is rumored that she got a $45 million settlement in the divorce as well as the home that is our estate of the day.
The Real Estalker says that the home was purchased way back in 1979 by the Douglases for just $275,000. This is way before Montecito became the fashionable area it is today. The 1920s Mediterranean has large iron gates and a motor court leading up to the grand home. The home has been recently updated and has a 75' pool, guesthouse, tennis court, Japanese water garden and green lawns from which to take in the ocean views. Tile floors, dark wood beams, vaulted ceilings and arched French doors all add to the feeling of classic Californian Mediterranean style. The pool/guest house offers another living room and kitchen. The home is listed at $29 million, hugely expensive but par for the course in Montecito.
















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Reader Comments (Page 1 of 1)
DJ Feb 1st 2010 3:03PM
The view alone is worth 90% of the asking price! And the carved wooden door is worth the other 10%. Beautiful, but with a casual elegance. Perfect!
al schrader Feb 2nd 2010 4:53AM
Just a few miles south of here in Briny Breezes, trailer lots go for $1 million each.
A place like that would be worth $200 million plus in Briny. There are no earth quakes here and the sun rises up right out of the ocean. Palm trees, fresh oranges, incredible beautiful women everywhere. And no irritating goof balls like Opa, etc. to deal with...Al-
MizVonDerW Feb 2nd 2010 1:20AM
In the first photo - an ivory tusk on the table. Real or reproduction?
Judy Feb 2nd 2010 2:26AM
Better not be real ivory....it's against FEDERAL law to import ivory into the USA. Elephants are killed simply for their tusks.
kittytoes Apr 20th 2010 2:58PM
You guys floor me. Of course it's fake. You think these people not cover all their bases or at least their realtors don't cover all the bases before photos are taken. Realtors in California are one step shy of being lawyers.
JLS Feb 2nd 2010 3:34AM
Gorgeous! I love my home state. We have the most beautiful estates in the country.
Michelle Feb 2nd 2010 5:26AM
Oh the poor thing...how EVER does she cope? Ask me? She got the good end of the deal! She won't be a young woman changing his diapers in a couple years.
artsgolfer Feb 2nd 2010 5:46AM
Truly a breathtaking home impeccably furnished...as for Judy's comment...it is not illegal to own or possess antique ivory pieces that have documented provenance.
The Designer Insider Feb 2nd 2010 5:55AM
Breathtaking! I like everything about this home. The interior design is perfect for this home, adds just the right touches!
Ivanna Feb 2nd 2010 5:23PM
I'm sold on the grounds alone, elegant and tasteful, and what a gorgeous view, this has to be one of the most deserving Estate of the day features.
Donna Apr 20th 2010 2:55PM
Purty nice cement pond you got there Mz. Duglas. Purty nice indeed.
Steve J Apr 20th 2010 4:50PM
Went to school with Diandra in 73 in Mallorca (ACS)! She was a very nice gal if not a little quiet! Wouldn't wish the lifestyle of the rich and famous on anyone! Wish her well!