‘Mansion Global’ host Katrina Campins analyzes the housing market and identifies which areas could explode when interest rates retreat on ‘The Big Money Show.’
Jonny Cat kitty-litter heiress Joi Stephens is selling her massive Santa Barbara, California-area property up for sale.
The asking price has been set at $88 million for the 11.3-acre property perched among the hills of the wealthy Hope Ranch area of Santa Barbara, according to The Agency real estate brokerage.
‘THIS OLD HOUSE’ STAR BOB VILA PUTS PALM BEACH HOME UP FOR SALE FOR $52.9 MILLION
The property offers a “vast canvas for the creation of an unparalleled estate,” its listing said.
An overhead view of the $88 million property in Hope Ranch (CHRISTOPHER AMITRANO/CS8 PHOTO)
It hosts a 7,500-square-foot home replete with four bedrooms, five bathrooms and one half-bath, according to The Agency. The brokerage described the home’s architecture as “mid-century” and the equestrian-zoned property’s views as “city-to-ocean.” It was built in 1961.
A view of the dining area located within the Hope Ranch, California, property
Amenities include private beach access as well as a pool and pool house.
The pool near the home (CHRISTOPHER AMITRANO/CS8 PHOTO)
Its listing, earlier reported by The Wall Street Journal, marked a “first-time presentation on the market of 3 adjoining parcels spanning a total of 11.3 acres” in Hope Ranch, per The Agency.
CLICK HERE TO READ MORE ON FOX BUSINESS
The property has been owned by Joi Stephens since the deaths of her parents, John Stephens, who founded the company that made Johnny Cat litter, and his wife Betty, an executive.
The sprawling property owned put up for sale by Joi Stephens (CHRISTOPHER AMITRANO/CS8 PHOTO)
FLORIDA ESTATE LISTED FOR $295M WOULD BE A RECORD SALE
“They call me the kitty-litter heiress who lives in the crown jewel of Santa Barbara, because it’s so spectacular,” Joi Stephens told the Journal.
