Maria Sharapova buys Summerland ranch for $8.6M

Retired tennis star nabs 5-acre property overlooking Pacific Ocean

Los Angeles /
Oct.October 19, 2020 05:00 PM
Maria Sharapova and the ranch (Credit: Google Maps and Thomas Niedermueller/Getty Images)
Maria Sharapova and the ranch (Credit: Google Maps and Thomas Niedermueller/Getty Images)

Recently retired tennis star Maria Sharapova has picked up some new digs in Santa Barbara County.

Sharapova paid $8.6 million for a five-acre ranch on a hilltop in the city of Summerland, according to Variety.

Summerland sits adjacent to popular celebrity haunts Carpinteria and Montecito. It will be a change for Sharapova, who’s owned a home in Manhattan Beach since 2006.

Sharapova’s new ranch has three bedrooms, each in a standalone structure. The main house is Balinese in style with a stone terrace overlooking the Pacific Ocean.

The second bedroom is in a Dutch-style guesthouse and the third bedroom is set up as a caretaker’s residence. It’s attached to a five-stall horse barn and near the other equestrian facilities.

The rolling lawns and gardens take up much of the rest of the property. There’s also a planted bamboo forest and a small studio.

The listing for the property says there’s also a private well, a water purification system, and storage for as much as 15,000 gallons of water (enough for 882 showers at the U.S. average of 17 gallons apiece).

The property last sold for $4.8 million in 2011 and was listed for just under $10 million in late June before getting a price cut to $8.8 million in August.

The area has seen a lot of activity in recent months. Just recently, billionaire Riley Bechtel bought a 237-acre estate near Sharapova’s new property for $63.3 million.

Ellen DeGeneres recently listed an estate there for $40 million. Former Google CEO Eric Schmidt paid $31 million for a compound in Montecito in September.

Citing injuries and near-constant pain, Sharapova retired at age 32 in February with five grand slam titles and just under $39 million in career prize money — a small fraction of what she earned from endorsements. The former No. 1, known for her steely resolve and booming ground strokes, had been unable to return to the top of the game after being suspended in 2016 for using a banned substance. [Variety]Dennis Lynch


Related Articles

arrow_forward_ios
Ellen Degeneres and Portia De Rossi, with the property (Credit: Kevork Djansezian/Getty Images, and Google Maps)

Ellen DeGeneres flips Montecito estate for $33M

Ellen DeGeneres flips Montecito estate for $33M
Ellen DeGeneres and Portia (Credit: Christopher Polk/Getty Images, and Google Maps)

Ellen DeGeneres lists Santa Barbara compound for $40M

Ellen DeGeneres lists Santa Barbara compound for $40M
Former Google CEO Eric Schmidt and the exterior of the house (Credit: Christophe Morin/IP3/Getty Images, and JIM BARTSCH via The Wall Street Journal)

Ex-Google CEO Eric Schmidt buys Montecito manse for $31M

Ex-Google CEO Eric Schmidt buys Montecito manse for $31M
(iStock)

LA County to provide nearly $6M in aid to restaurants

LA County to provide nearly $6M in aid to restaurants
HUD Secretary Ben Carson and Gov. Gavin Newsom (Getty)

$1B wildfire relief fund has distributed $0 to affected homeowners

$1B wildfire relief fund has distributed $0 to affected homeowners
Nile Niami with 9066 St. Ives Drive and 1369 Londonderry Place (Getty, Redfin, Altman Brothers)

Party foul: Nile Niami fined for large gatherings at luxury homes

Party foul: Nile Niami fined for large gatherings at luxury homes
Left to right: Viceroy L’Ermitage Beverly Hills and THEA at Metropolis in Downtown (Google Maps, THEA)

Greenland lands $250M loan for THEA at Metropolis rental tower

Greenland lands $250M loan for THEA at Metropolis rental tower
Nile Niami and "The One" mansion (Getty)

Niami’s “The One” to hit market

Niami’s “The One” to hit market
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...