The home sits in a backdrop of the Santa Ynez Mountains with panoramic views of the Pacific Ocean.

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An estate owned by Justin Chang, principal of Los Angeles-based real estate investment company Colony Capital, and his wife, “Legally Blonde” author Amanda Brown, is on the market for $18.5 million.

Chang isn’t the only pillar of industry attached to the Montecito, Calif., estate of more than 3 acres. He and his wife bought the property four years ago from the estate of Jack McGinley, a former vice president of Baxter Healthcare, for $16.8 million. William LaWarre, a Cincinnati ad man turned rancher, is another former homeowner.

Designed by architect Ambrose Cramer and built in 1931, the Cape Dutch-style estate sits in a backdrop of the Santa Ynez Mountains with panoramic views of the Pacific Ocean. Elaborately rounded gables, sets of double hung windows and a whitewashed facade are characteristic of the style popularized in the Western Cape of South Africa during the early 17th century.

Within the 9,771 square feet of living space are a living room topped with a fireplace, a formal dining room, a media/game room, six bedrooms and nine bathrooms. Curved and beamed cathedral ceilings lend a light and airy feel to the kitchen and adjoining breakfast room.

Outdoors, manicured grounds originally designed by landscape architect Lockwood de Forest are filled with rolling lawns, formal landscaping and a large reflecting pool. Elsewhere is a five-car garage.