Jeff Bridges Sells Montecito Home to Neighbor Oprah Winfrey for a Reported $6.85M

The property consists of five separate structures, including a main house, a guest house and a stable

Elevated Horizon. Inset: Tibrina Hobson/Getty; Dimitrios Kambouris/Getty. Photo: Elevated Horizon. Inset: Tibrina Hobson/Getty; Dimitrios Kambouris/Getty

Back in May, PEOPLE reported that Jeff Bridges put his three-bedroom, two-and-a-half bath ranch on the market for $7.995 million, three years after the historic century-old home underwent a major renovation. Now, the house has been sold — and it's new owner is Bridges' neighbor, Oprah Winfrey!

The 3,517-square-foot property sits on four acres in Montecito, California, and in addition to the main home, boasts a one-bedroom guest house, a barn/carriage house with an office and workshop, a pool house with a family room, office, bathroom and sauna, and a five-stall horse barn with a corral and tack room.

Winfrey, who now owns three homes in the Montecito area — including a 65-acre compound purchased in 2001 which she calls the "Promised Land" — bought the home for a reported $6.85 million.

Bridges and his wife, Susan Geston, purchased the property in April 2014 for the same price they just sold it for, $6.85 million, according to Variety.

Elevated Horizon; Inset: Drew Altizer Photography/REX/Shutterstock

Inside the main home, the Spanish-revival style property has vaulted beamed ceilings throughout, five fireplaces, and an updated kitchen with chef-grade appliances.

A large master suite features bay windows, a fireplace, and dual walk-in closets, as well as a new bathroom with a freestanding tub and marble and glass shower.

The outside of the house is chock-full of amenities, too, like a private well, a pool and spa, a citrus orchard and a butterfly garden with a pond.

Elevated Horizon

Elevated Horizon

The home, which still has original windows, was built in 1919 by famed architect James Osborne Craig.

Bridges, 69, said in January 2018 that it had been "severely damaged" by mudslides in the area that forced him and wife Susan Geston to evacuate via helicopter.

Elevated Horizon

Elevated Horizon

"The house started to shake like an earthquake," he told the California Office of Emergency Services. "Then I heard my wife screaming and coming out of the bedroom holding our dog and 'ploom,' here comes the mud and the debris."

Real estate listing images show the property intact and seemingly fully functional over a year after the devastating natural disasters.

Elevated Horizon

Elevated Horizon

Bridges and Geston previously unloaded a Tuscan-style estate in the Montecito for $16 million in 2017, the Los Angeles Times reports.

Winfrey also owns properties in Hawaii, Washington and Colorado.