Business
‘Precious’ producer eyes $50 million for Carpinteria polo compound
Some listings are all about the home. This one is about every little thing apart from the home.
Within the coastal metropolis of Carpinteria, a working polo ranch has surfaced on the market at $50 million. It’s being shopped round by Sarah Siegel-Magness, a movie producer whose credit embrace “Valuable” and “Tennessee.”
The property is named Cancha de Estrellas — Spanish for “area of stars” — and has hosted celebrities as massive as Prince Harry for a recreation of polo. The horseback recreation is certainly the most important draw; technically, the one place to sleep is an elegant airstream trailer tucked on the fringe of the property.
“Polo is a male-dominated sport, usually talking, so the rarity of this property is that it has a lady’s contact with the landscaping,” Siegel-Magness mentioned. “It has a unique aesthetic than different polo properties, which will be very utilitarian.”
She added that she spent a variety of time bringing native vegetation to each a part of the property.
“Just about each a part of the property, you’ll see shade,” she mentioned.
The photo voltaic powered-compound contains two parcels for a complete of 61 acres. There are two polo fields, 100 coated horse stalls and different equestrian services corresponding to arenas and using trails.
One other spotlight comes within the “Scoreboard Lounge,” a custom-built construction outfitted with a kitchen, eating space and recreation room. Partitions of glass result in a deck overlooking the fields.
For a extra everlasting dwelling scenario past the airstream trailer, each parcels are zoned to incorporate a home, guesthouse and different facilities corresponding to a tennis court docket or swimming pool.
Christian Title and Fred Dapp of the Company maintain the itemizing.
Siegel-Magness based the manufacturing home Smokewood Leisure in 2007 together with her husband, businessman Gary Magness. The pair have produced 4 movies up to now: “Tennessee,” “Valuable,” “Loopy Form of Love” and “Judy Moody and the Not Bummer Summer time.”