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Kardashian money manager lists California home for $4.5M

Lester Knispel, who manages all of the Kardashians’ finances (minus those of Kris Jenner) has listed his sprawling California home for $4.5 million.

The man who also orchestrates the financial affairs of stars like Mariah Carey and Nicki Minaj purchased the home in 2014 for $3.21 million.

But he’s had a hard time trying trying to sell it these past few years.

Located in Santa Barbara, the property spans more than 8,200 square feet, and is made up of seven bedrooms and eight bathrooms.

It first hit the market in 2017 for $3.59 million, with a pending offer a few months later. But it appears that deal fell through. The property then went up for rent for $25,000 a month, and then went back up for sale in 2020 for $4 million.

It has been on and off the market since.

And although it just hit the market last week, it looks like Knispel might have better luck this time around. The home is pending an offer.

The property spans over 8,200 square feet.
The property spans over 8,200 square feet.
Zia Group with eXp Realty
The foyer.
The foyer.
Zia Group with eXp Realty
The formal living room.
The formal living room.
Zia Group with eXp Realty
A study.
A study.
Zia Group with eXp Realty
A chess room.
A chess room.
Zia Group with eXp Realty
The kitchen and breakfast area.
The kitchen and breakfast area.
Zia Group with eXp Realty

Known as “Summer’s Run” estate, the home was built in 1904.

“The home exudes old world splendor,” the listing notes.

Features include a grand entry foyer, a dining room and seven fireplaces.

The primary suite comes with dual bathrooms, an office, sitting room and a balcony.

Outdoor features include a brick patio, an outdoor kitchen, a synthetic lawn and a gazebo.

Zia Group with eXp Realty of California holds the listing.

Knispel has a robust real estate portfolio. He owns a home Calabasas and in the Paradise Valley enclave of Arizona, according to Dirt.

At the height of the COVID-19 pandemic, and without stepping inside, he dropped $1.5 million for a Florida investment property, according to the Wall Street Journal.

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