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    Home»Monetization»Photos Show El Encanto, Luxury Hotel LVMH Sold to Tinder Cofounder
    Monetization

    Photos Show El Encanto, Luxury Hotel LVMH Sold to Tinder Cofounder

    onlyplanz_80y6mtBy onlyplanz_80y6mtJuly 12, 2025No Comments4 Mins Read
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    Photos Show El Encanto, Luxury Hotel LVMH Sold to Tinder Cofounder
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    2025-07-12T03:55:05Z

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    Justin and Tyler Mateen, together with Culver Capital, acquired El Encanto Resort from LVMH.
    El Encanto, situated within the hills of Santa Barbara, was LVMH’s solely US lodge.
    See contained in the lodge, which offered for $82.2 million, or round $900,000 per room.

    A historic, luxurious lodge within the hills of Santa Barbara, California, is underneath new possession.Brothers Justin and Tyler Mateen and Culver Capital bought the El Encanto Resort, a 90-room property that initially opened in 1918, for $82.2 million from LVMH, the French luxurious large, the patrons stated this week.”The fantastic thing about the American Riviera rivals one of the best coastlines in Europe however is lower than 90 minutes from Los Angeles and only a direct flight from many main US cities,” Justin Mateen, who cofounded the courting app Tinder, stated in a press release.”El Encanto has an genuine coronary heart and soul not like any property I’ve visited in California,” Tyler Mateen stated. “We are going to deliver its wealthy historical past and timeless attract to the forefront of each facet of the visitor expertise.”LVMH purchased Belmond, the lodge firm that owned the El Encanto, in 2018. The property was LVMH’s solely lodge within the US, although the corporate’s Bvlgari Motels & Resorts assortment plans to open a lodge in Miami Seaside in 2028.The patrons stated they plan to make adjustments to the property and that it’ll stay open throughout the transition.See contained in the historic lodge.

    El Encanto sits within the Santa Barbara hills overlooking the Pacific

    The lodge initially opened within the early 1900s.

    Mike Kelley

    Santa Barbara, situated about 95 miles from LA, has been nicknamed the “American Riviera” as a result of its fascinating climate and lovely shoreline.

    The lodge offered for $900,000 per room

    Weekend nights in August are presently going for round $1,500.

    Mike Kelley

    There are 90 rooms on the lodge, which offered for $82 million, placing the per-room worth at round $900,000. A weekend keep on the lodge in August is presently going for round $1,500 per evening, in accordance with the reserving web site.

    El Encanto spans seven acres

    The client stated they plan to make adjustments to the spa choices.

    Mike Kelley

    The lodge consists of greater than 30 buildings, lush landscaping, a spa, and a pool that overlooks Santa Barbara.

    Loads of celebrities have stayed at El Encanto through the years

    El Encanto has hosted celebrities all through its lengthy historical past.

    Mike Kelley

    El Encanto was fashionable with the elite of Hollywood’s Golden Age, welcoming company reminiscent of Clark Gable and Carole Lombard. Fashionable celebrities who’ve stayed there embrace Gwen Stefani and Leonardo DiCaprio. President Franklin D. Roosevelt and John F. Kennedy Jr. additionally stayed on the lodge.

    The lodge is thought for its Spanish-Colonial structure and California bungalows

    The lodge options structure kinds from the early 1900s.

    Mike Kelley

    “This property embodies the essence of California dwelling and provides an expertise like no different lodge on the Central Coast,” Garrett Cayton of Culver Capital stated in a press release.

    The loos have heated stone flooring

    The lodge rooms have luxurious finishes, like heated flooring.

    Mike Kelley

    Rooms on the property embrace marble loos with heated stone flooring.

    The pool overlooks Santa Barbara and has views of the Pacific

    The property has a zero-edge pool.

    Mike Kelley

    The outside pool is open year-round.

    The lodge has a number of ranges of suites

    The Vista suite, pictured right here, has a king mattress and sleeps three.

    Mike Kelley

    The most important suite, the Oak Tree Suite, is 1,650 sq. ft and sleeps 5.

    The client stated any upgrades would replicate the property’s historical past

    The property consists of greater than 30 buildings.

    Mike Kelley

    cofounder Encanto Hotel Luxury LVMH Photos show sold Tinder
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