Oprah Winfrey Was the Highest Bidder and This Estate Is What She Won

Media mogul and Weight Watchers partial-owner and spokeswoman Oprah Winfrey only recently bought a lavish Telluride retreat, but it's just come to light that she's already purchased again. Her most recent acquisition is Seafair Farm, a 23-acre equestrian estate in Montecito, the affluent California town near Santa Barbara where Oprah already owns an uberluxe neo-Georgian mansion. Seafair Farm is one of the largest and most coveted properties in town, and until it went up to auction it had been owned by the same wealthy family for thirty years. According to the auction's timeline, Oprah put the winning bid of $28.85 million on the property in November and closed in December. Purchasing a sprawling equestrian farm seems like an odd move for Ms. Winfrey, until you learn that the farm is located adjacent to her existing property on one side and abutted by a 44-acre dedicated preserve on the other. It looks like Oprah is planning on expanding her Montecito mansion into a secluded palace. As for the 4,750 square-foot, four-bedroom, four-and-a-half bath ranch house that sits on the farm along with barns, paddocks, and pens, we can only imagine Oprah will acquire a deep affinity for horses — or have one heck of a guest property to offer friends when they come to visit. Take an in-depth look at Oprah's latest estate below.