Rob Lowe and Wife Sold a Six Bedroom House in Montecito, CA for $7.6 Million

November 24, 2009
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Actor Rob Lowe sells a six-bedroom house in Montecito, CA for $7.6M

Rob Lowe and wife, Sheryl Berkoff sold their six bedroom house in Montecito, CA for about $7.6 Million.

According to reports in a Big Time Listing exclusive, Lowe’s sale of the house also includes the 1.13-acre lot at 735 Fuera Lane in Montecito that is in Santa Barbara County.

Buyers of the said property are not a celebrity according to the reports. Digging the reports of Lowe’s Profile Property Trust, it will reveal that the property was sold on May 11 and was recorded on May 19.

The house that Lowe has sold was built in 1929 has five full baths and one half bath. It was originally designed by William McCay but was later remodeled by Lowe. According to the listing, the house was initially listed for $12,398,000 and later reduced to $10,995,000.

Lowe acquired the said property in 2005 with undisclosed amount. Reports also showed that the house was purchased as “temporary house” until Lowe and wife finishes their dream house.