Oprah Winfrey knows that the only thing better than a massive estate in a celebrity-filled neighborhood is two!

The queen of talk just purchased a prime piece of real estate, shelling out $28,850,000 for the 23-acre Seamair horse farm in Montecito, California, ET can confirm.

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Marty Rogers of Sage Auctions, who helped finalize the sale, told ET that the four-bedroom abode features four fireplaces, a pool, a pond filled with Koi fish and covered patios and decks. In addition to the main house, there is one for a horse trainer, a rambling stable and barn, riding rings and orchards.

The extensively fenced-in homestead appears to be equipped with every feature an equestrian would desire, but that won't include the horses that were previously on the land -- the 60-year-old media mogul opted out of purchasing them with the property.

"Obviously, she is a very smart buyer and does have an amazing vision for this property," Rogers said in a press release. "She had a number of experts inspect different aspects of the property and paid extensive due diligence to the property package we provided."

Not only is the house right next to the massive estate she already owns, Winfrey is surrounded by A-list company, as stars like Ellen DeGeneres and Drew Barrymore also own property in the neighborhood.

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Winfrey has proven she's a good investor becoming a large share owner of Weight Watchers in October. The returns have paid out well, considering she made plenty of money off a single tweet for the company about bread. Find out exactly how much dough she earned in the video below.