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Reese Witherspoon Lists Ojai Estate for Sale at $10 Million (Exclusive)

Reese Witherspoon Ranch Exterior - H 2012
Reese Witherspoon's Libbey Ranch

The Oscar-winning actress has owned the Wallace Neff-designed ranch, where she married CAA talent agent Jim Toth in March, since 2008.

Reese Witherspoon has listed her Spanish Colonial estate in Ojai, Calif., for sale at $10 million.

The equestrian property on Del Norte Road hit the market Sept. 17. The estate, where Witherspoon married CAA talent agent Jim Toth on March 26, was partly designed by famed architect Wallace Neff and was featured on the September cover of Elle Décor.

PHOTOS: Inside Reese Witherspoon's Ojai Estate

Witherspoon bought the property in early 2008 from prominent interior designer Kathryn Ireland, who had undertaken a renovation of the compound originally built for glassware magnate Edward Libbey in 1923. The property also has been owned by actor/director Harold Ramis.

“What I love about it is that it is so period and it has so much character and charm to it,” says Billy Rose, president of The Agency, who has the listing. “There is century-old hardware and fixtures that were forged on the property -- it is just so authentic.”

The roughly seven-acre estate, known as Libbey Ranch, includes a four-bedroom main house, which was originally designed by Neff as a barn. There also are horse stables, three guest cottages, a carriage house and swimming pool.

Beyond Ramis and Witherspoon, Libbey Ranch has another notable Hollywood connection: it doubled as Shangri-La in Frank Capra's 1937 film Lost Horizon. Ojai, about a two-hour drive from Los Angeles, is popular with entertainment industry denizens; in August, veteran character actor Bruce McGill listed his Ojai residence for sale at $1.675 million.

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During Witherspoon’s ownership tenure, Jay Griffith, a well-known Venice-based landscape architect, redesigned the grounds. 

Rose says the compound is home to a “menagerie of animals,” including horses, pigs, dogs and chickens. "It's down this country lane and very much secreted away but very much connected to the heart of Ojai," he says.

Witherspoon, who won a best actress Academy Award for 2005's Walk the Line, primarily lives in the Los Angeles area.

Email: Daniel.Miller@THR.com
Twitter: @DanielNMiller