Olivia Newton-John’s Santa Ynez Ranch Sells for Almost $8 Million

Olivia Newton-John‘s Santa Ynez ranch is about to be a brand new proprietor’s “Xanadu” … the putting property has formally offered after a number of months in the marketplace.

Actual property sources inform TMZ … a purchaser has determined to be hopelessly dedicated to the 4-bedroom, 5-bathroom property positioned in Santa Barbara County — certainly one of California’s famed wine areas.

Whoever walked away with the deed actually acquired one hell of a deal, because the property was initially listed again in Might for a whopping $8.965 million … and it simply offered for $7.95M.

The abode is price each penny, given its luxe facilities … sitting on 12 non-public acres with practically 4,500 sq. ft of dwelling house, a view of the Santa Ynez River, a connoisseur kitchen, a 2-bedroom visitor home, a pool, a barn, an outside kitchen, and a recreation room.

It is no surprise rumors circulated again in September that former President Joe Biden had been eyeing the property, because it’s actually match for a person of 46’s standing.

Nevertheless, as TMZ realized on the time, JB and First Girl Jill Biden had been NOT truly planning to make the “Grease” actress’ former dwelling their post-White Home pad … it was all only a rumor.