Hot Property: The Dude abides Oprah's offer for Montecito estate

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Hot Property: The Dude abides Oprah's offer for Montecito estate
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Jeff Bridges, known for his role as the Dude in 'The Big Lebowski,' has sold his Montecito estate to Oprah Winfrey. Also: Doc Rivers has cut the price on his Bird Streets home, and Jonas Brothers make a splash in Encino.

The brothers of Jonas Brothers fame, who previously co-owned a home in Los Angeles, have purchased separate, newly built homes in Encino for $14.1 million and $20 million, respectively.The two purchases are among the highest prices ever paid for a home in the San Fernando Valley neighborhood, which has seen a smattering of sales north of $10 million this year.

Designed for entertaining, it has chef’s and prep kitchens, multiple living rooms, a home theater and a gym. A custom wine cellar sits behind a glass-and-steel wall in the formal dining room. Including a two-story guesthouse, there are 10 bedrooms and 14 bathrooms. Among features of note are an indoor basketball court, a bowling alley and a home theater. There are seven bedrooms and 11 bathrooms.

Dennis Chernov of Keller Williams Realty and Adi Livyatan of Rodeo Realty were the listing agents for Nick Jonas’ property. Carl Gambino of Westside Estate Agency represented the buyers in both sales.

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