Johns Hopkins President Ronald Daniels Purchases Montecito Household

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Johns Hopkins is 1 of the nation’s most selective universities, accepting just 10% of all undergraduate candidates. But this 1.1-acre home in prime Montecito aced the entrance test, breezing into the fold with significant honors. College president Ronald J. Daniels and his wife, faculty member Joanne Rosen, had been so […]

Johns Hopkins is 1 of the nation’s most selective universities, accepting just 10% of all undergraduate candidates. But this 1.1-acre home in prime Montecito aced the entrance test, breezing into the fold with significant honors. College president Ronald J. Daniels and his wife, faculty member Joanne Rosen, had been so enamored with the house that they paid out $5.2 million — very virtually the whole inquiring value — for the location final 12 months.

Set at the rear of partitions and gates on a quiet cul-de-sac, the neoclassical Spanish Revival-fashion composition was created in 2000 but recently specified a modern remodel to attractiveness to today’s consumers. Inside, the crimson tile-roofed composition is a sea of neutral shades wrapped all over snazzy updates — recessed lights, wide-plank hardwood floors, and a kitchen packed with leading-of-the-line Wolf and Viking stainless appliances.

Highlights of the 4,200-square-foot abode include roomy residing and household rooms, both equally of them outfitted with fireplaces, a breakfast home, additionally a ground-floor grasp suite with another fireplace and French doors opening straight to the gardens. Upstairs are two more bedroom suites, which include a single that appears to be accomplished up as a homeschool classroom, fantastic for quarantining with the young ones.

Out back again, ancient trees watch in excess of grassy lawns that spill on down a light knoll, surrounding an elegant lap-lane swimming pool and adjoining spa. There’s also a solar-kissed patio with lots of room for al fresco dining and an outdoor fire for nippy nights. At the rear of the property is a spacious cabana with a hearth-outfitted residing region and independent high-ceilinged office, and somewhere else lies a roomy motorcourt that fronts a a few-auto garage.

Daniels, 61, has been president of Johns Hopkins given that 2009, continuing the institution’s 38-yr streak of getting far more competitively allocated exploration funding than any other college in the region. During his 11 yrs at the helm, the Canadian-born legislation and economics scholar has obtained accolades for strengthening the school’s graduate packages, as well as his once-a-year boosting of the school’s economical aid fund. For individuals accomplishments and some others, records exhibit Daniels has been richly rewarded — in July, he ranked as the 7th maximum-paid out personal higher education president in the complete U.S., with a foundation income that topped $2.7 million.

Records expose this is not Daniels’ initially Montecito household. Back again in 2016, he and Rosen paid out $3.6 million for a ranch-style Montecito estate just a swift jog from their new household. Regretably, that assets was impacted by the 2018 Montecito debris floods, and Santa Barbara County subsequently paid $4 million to invest in out the couple’s fascination in the house, as aspect of an initiative for a new neighborhood particles basin.

Nancy Kogevinas at Berkshire Hathaway HomeServices held the listing Harry Kolb with Sotheby’s Intercontinental Realty repped Daniels.

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