Former Google CEO Eric Schmidt and his wife Wendy purchased a sprawling Montecito estate for nearly half its original asking price. The couple paid $30.8 million for the 11-acre hilltop property known as Solana, which overlooks Santa Barbara and the Pacific Ocean, according to the Wall Street Journal. The property had been on and off the market since 2012. It first listed for $57.5 million, but by last year the asking price was down to
source https://therealdeal.com/2020/09/09/ex-google-ceo-eric-schmidt-buys-montecito-manse-for-31m/
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