How do Gores split Montecito house?

gore4.jpgNow that Al and Tipper have announced plans to separate, they'll have to deal with their $8.8 million Montecito home that was purchased a couple of months ago. It has an ocean view on 1 1/2 acres with a swimming pool, five bedrooms, nine bathrooms, six fireplaces, a family room, wine cellar and spa. Montecito, of course, is quite the spot for the rich and famous: Oprah Winfrey, Michael Douglas, and the golfer Fred Couples, among many others.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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