Adam Levine, Behati Prinsloo Set Montecito Home Sale Record

It was a short stay in Montecito for Maroon 5 singer Adam Levine and his supermodel wife Behati Prinsloo.

The couple closed on the $60 million sale of their home at 700 Picacho Lane in Montecito Tuesday, according to the Multiple Listing Service. The purchase price comes out to $4,490 per-square-foot and is the priciest home to sell in Montecito, according to Zillow records.

A trust called 2005 Green Oak is on the property deed as the seller, but multiple reports pegged Levine and Prinsloo as the sellers at the time the couple put the home on the market in July for $65 million. A representative for the family told Architectural Digest at the time of the listing that they moved closer to their children’s school.

Westside Estate Agency’s Kurt Rappaport and Robert Riskin of Village Properties’ Riskin Partners Estate Group represented the couple.

Riskin also represented the buyer, along with Plus Real Estate’s Tyrone McKillen.

All three brokerages declined to comment on the deal.

The identity of the buyer is unclear with the deed not yet recorded.

The buyer joins a list of high-profile owners of the Picacho Lane home.

Levine and Prinsloo bought the residence in 2022 for $52 million from private equity executive Jack McGinley and his wife Julie McGinley. The McGinleys purchased the home in 2020 for $45.5 million from Rob Lowe.

The home has nine-bedrooms and 14-bathrooms across 13,360 square feet. It has a private drive, two guest houses, a gym, wellness center, tennis court, theater, vegetable gardens, koi pond and chicken coop, according to the listing.

The closing follows last week’s $32 million sale of 465 Hot Springs Road in Montecito, which sold for almost triple what it traded for three years ago. However, the purchase price missed the $52 million ask the home originally asked and the most recent listing price of $37.5 million. The home was sold by developer and home designer Xorin Balbes, who paid $11.5 million for the over 15,000-square-foot home in 2022.