Last year, they earned $28.5 million on the sale of a five-acre estate in Montecito, $5 million more than they paid just three months earlier; and just this month, they slapped a spine-chilling $57.5 million price tag on their sprawling Pacific Palisades estate, nearly double the $29.
And now, the trophy property-obsessed pair has forked up a whopping $52 million for Oakview, a sizable Montecito mansion created in 2009 for Rob Lowe and his family and designed by Don Nulty. The “9-1-1: Lone Star” actor sold the almost 3.5-acre mansion to healthcare-focused private equity businessman Jack McGinley and his wife Julie for $44.5 million in the autumn of 2020.
The McGinleys and Prinsloo-Levines appear to have formed a secret arrangement, therefore it is unknown whether the McGinleys made any changes. According to promotional materials from when Lowe put the home on the market, the East Coast conventional meets antebellum estate is around 10,000 square feet in size, with six bedrooms, eight bathrooms, and three utility rooms. A guesthouse with two bedrooms and two bathrooms is also available, as is a pool house with another bedroom and bathroom.
The interior areas had gleaming wood floors, intricate moldings, and bespoke millwork throughout while they were under Lowe’s ownership. The large eat-in family kitchen was bolstered by a stainless steel catering kitchen, a second-floor games room served as a casual library, and a home theater was equipped with the latest technology. It is assumed that the living and family rooms, as well as a few other rooms, still open to the yard via French doors.
The grounds include a cobblestone-accented motor court, an outdoor living room with fireplace, a prairie-sized expanse of lawn, a meditative water feature, an elegant swimming pool, and a sunken tennis court that can be seen from two viewing platforms.
After selling their Pacific Palisades home, Levine and Prinsloo will likely purchase another expensive home in Los Angeles, whereas Lowe has already purchased two homes in Montecito for a total of $18.2 million and a landing pad in Beverly Hills for an additional $3.75 million.
