Dennis Miller Sells Montecito Spread

Comedian and political pundit Dennis Miller, 67, has sold his Montecito spread for $49 million in an all-cash deal.

It’s the second largest amount recorded for a home in our rarefied enclave in recent years, behind only the $63.3 million paid by construction heir Riley Bechtel for a much larger estate last month.

According to records, Miller paid about $11 million for the property in 2006, and subsequently spent much of the next ten years constructing his new Montecito dream estate, which consists of five structures on a three-parcel lot totaling 4.3 acres.

There’s a 9,000-square-foot Cape Dutch-style main house, a guesthouse, poolhouse, a detached garage, and an infinity-edged swimming pool. Altogether there’s well more than 16,000 square feet of living space, plus off-street parking for dozens of vehicles.

Miller and wife, former model Slim Paley, still own a vacation home in Sun Valley, Idaho, though they’ve long made Montecito their primary residence.

At one point the tony twosome also owned a Carpinteria beach house that they sold to tech entrepreneur Lynda Weinman in 2015 for $19 million, who flipped the Padaro Lane property this September to Las Vegas Golden Knights hockey team owner Bill Foley, also a major winemaker with nearly 20 vineyards.