Larry David Flips Charming Montecito Cottage for ‘Prett-ay Good’ Profit

Move over Ellen DeGeneres, there’s another house flipper encroaching on your turf! Less than a year after Larry David forked over $5.7 million for a French Normandy-style cottage in the affluent Santa Barbara County enclave of Montecito, the Brooklyn-born comedian, writer, actor and TV producer has already handed over the keys to a new owner, as first reported by Siteline Santa Barbara.

Records show the property went to an elderly couple from Vero Beach, Fla., for $6.9 million — or an impressive $1.2 million more than the “Curb Your Enthusiasm” creator and star originally paid for the place some 11 months ago, back in October 2021.

Because the house was never offered on the open market, it’s not readily apparent whether David undertook any modifications during his short-lived ownership. But previous listings note that the 1920s residence — originally designed by noted local architect George Washington Smith, in an unusual departure from his typical Spanish Colonial Revival vernacular — was recently renovated to “incorporate modern luxuries and conveniences.”

Tucked away on a sought-after street in the exclusive Hedgerow community, just a quick jaunt from Montecito’s Upper and Lower villages, the creamy stucco and hip-roofed structure features four bedrooms and five baths spread across a little more than 2,800 square feet of two-level living space, and has an attached two-car garage out front.

Especially standing out on the main level is living room displaying a soaring wood-beam ceiling, stone fireplace and French doors overlooking the backyard. Other highlights include a chandelier-topped dining room that connects via a butler’s pantry to an updated kitchen sporting green-hued cabinetry, a patterned tile backsplash and high-end stainless appliances. There’s also an office space.

Upstairs, the master retreat boasts a large walk-in closet, along with a vintage-inspired bath equipped with dual porcelain sinks, a clawfoot soaking tub and standalone shower. Outdoors, the manicured grounds are laced with citrus trees and span less than a quarter-acre; and though there’s no pool, there are meandering pathways, a fire-pit, and spacious brick terrace ideal for al fresco dining and entertaining.

In addition to his recently sold Montecito villa, David, 75, and his producer wife Ashley Underwood also maintain a primary residence in Pacific Palisades and two smaller homes elsewhere in that area, as well as a longtime Massachusetts retreat on Martha’s Vineyard.