See inside the California estate actor Rob Lowe is selling for $47 million, where Oprah and Ellen DeGeneres are neighbors

Courtesy of Sotheby's

Every inch of the 10,000 square-foot home is tastefully decorated.

• Rob Lowe and his wife Sheryl are selling their 10,000 square-foot estate, listed for $47 million with Sotheby's International Realty.
• It's in Montecito, California, the area hit with mudslides earlier this year that killed at least 17 people.
• The home sits on 3.4 acres of land and has views of the Pacific Ocean and nearby Santa Ynez mountains.

"Parks and Recreation" actor Rob Lowe and his jewelry designer wife Sheryl are selling their 3.4-acre estate in Montecito, California, for $47 million, according to a new listing from Sotheby's International Realty.

The couple bought the land, near Santa Barbara, in 2005 and designed the home from the ground up, recruiting an architect, interior designer, landscape architect, and even a feng shui master. It was inspired by the Virginia countryside where the famous actor grew up and was featured on the cover of Architectural Digest in November 2010.

The couple is selling the home because their children are grown and have moved out, they said in statement.

Earlier this year, the Montecito area was hit with recurring mudslides that destroyed hundreds of homes and resulted in more than a dozen deaths, but Lowe's estate was unharmed, partly due to its elevation. The neighborhood is home to many celebrities including Oprah Winfrey, Ellen DeGeneres, and Jeff Bridges.

Below, take a tour of the $47 million estate.