Jeff Bridges’ $23m vineyard estate on sale

Actor Jeff Bridges has slashed the asking price for his Californian vineyard estate by US$6 million, putting the sprawling 19.5-acre pad on the market for $23.5m.

Jeff Bridges’ 19.5 acre estate in Montecito, Santa Barbara
Jeff Bridges won an Oscar for his role in Crazy Heart

The palatial property, located in the Montecito foothills in Santa Barbara, was put on the market last year with an asking price of $29.5m, with the asking price now reduced by some 20%.

Known as Villa Santa Lucia, the gated property was built in 1988 and boasts a long driveway that crosses a stream before reaching the Tuscan-inspired six-bed main house. The estate also boast a 1,800-square-foot guesthouse, a guest cottage and a detached theater/recording studio lie within the sprawling grounds. Exterior features include a natural pond, terraces with ocean views, a roof deck and a swimming pool and spa.

Jeff Bridges bought the house more than two decades ago from Grammy-winning musician Kenny Loggins for slightly less than $7 million, according to reports by the LA Times.

The house is backed by a terraced slope planted with grape vines, however it is not thought that Bridge’s harvests these grapes to produce wine.

Bridges’ film credits include True Grit (2010), The Big Lebowski (1998) and Crazy Heart (2010), with his performance in the latter winning him an Oscar for Best Actor.

The property is being listed by Suzanne Perkins of Sotheby’s International Real Estate.

Click through for a peek inside Bridge’s Montecito mansion….