Oscar-winning actress Reese Witherspoon has sold Libbey Ranch in Ojai, Calif., for $4.98 million.

Designed by architect Wallace Neff, who became known for developing the “California” style of home, Witherspoon’s ranch was originally built in 1923 as stables for glassware titan Edward Libbey. Details include turrets, original stonework and arched windows and alcoves.

The two-story main house features beamed ceilings, an oversize fireplace in the two-story living room, a library loft with a fireplace, four bedrooms and 3.5 bathrooms.

Three guest cottages, a carriage house, a swimming pool, a barn, stables, pasture land and mature oaks complete the 7 acres of grounds. There are nine bedrooms, five full bathrooms and two half-baths.

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Witherspoon, 37, appeared in “Legally Blonde” (2001), “Sweet Home Alabama” (2002) and “Walk the Line” (2005), for which she won her lead actress Oscar. She will star in the upcoming movies “Devil’s Knot” and “Wild,” based on the memoir by Cheryl Strayed.

Witherspoon bought the ranch for use as a second home/retreat in 2008 for $5.8 million and was married there three years ago. She owns a three-parcel spread in the Brentwood area of Los Angeles and a house near Nashville.

Los Angeles Times