Drew Barrymore Drops The Price Of Her Marital Montecito Mansion By $600,000!
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Child actress turned full-blown adult star; currently focused on motherhood and her beauty line, Flower.
6 bedrooms, 7.5 bathrooms, a separate guest apartment, expansive lawns, site of her 2012 nuptials
Originally listed for $7.5M in May 2013, Barrymore never found a buyer during the hot and heavy summer buying season. As summer turns to fall, Barrymore needed to bring the asking price down to attract a potential buyer.
In the summer before she hoisted the home on the market, Barrymore hosted a modest 190-person backyard wedding at this home to her art consultant husband Will Kopelman. In early June 2010, before she met Kopelman, and likely before she was marriage-minded, Barrymore purchased the home for $5,705,000.
The estate is a gorgeous 1937 traditional home on approximately two acres of secluded, lush grounds. The classic two-story estate features 6 bedrooms, 7.5 bathrooms, a separate guest apartment and ample parking. A walking path winds through the abundant gardens, citrus and avocado trees and expansive lawn to create a one-of-a-kind setting.
While Montecito is a chic and highly desired celebrity real estate enclave, sales prices are down about 7.9% in the last quarter, so Barrymore and her wealthy neighbors are all having trouble selling.
Suzanne Perkins of Sotheby’s holds the listing.