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Oprah just bought another Southern California home for nearly $29 million

Raisa BrunerFeb 9, 2016, 00:35 IST

Mark Davis/Getty Images

Media mogul Oprah Winfrey is apparently doubling down on her real estate empire. She recently picked up a $28.85 million 23-acre property in the heart of Montecito, a ritzy seaside town just south of Santa Barbara, California. She already happens to own an $85 million estate a few miles away.

The new property - called Seamair Farm - is a sprawling, ranch-style setup with full equestrian facilities. There's an avocado orchard, a fish pond, a pool, and a large, flat lawn. In fact, the property is one of the largest estates in Montecito.

The OWN magnate is on something of a buying spree; she just snagged a $14 million Telluride home in December, too.

Check out her new California digs, below.