The couple’s March 2024 filing with Santa Barbara County outlines a 2,146‑sq‑ft, two‑storey addition that will bring the main house to 4,505 sq ft. The plan also calls for razing the 1,000‑sq‑ft day cottage that once sat behind the residence.
Kutcher and Kunis bought the 1.6‑acre property for $10.1 million in 2017 through a limited‑liability company. The sale followed a series of storms that dumped mud and debris across Carpinteria between December 2022 and March 2023.
In 2023 the couple partnered with Airbnb to offer a one‑night stay in the cottage, which could accommodate four guests. The cottage’s demolition marks a shift from a rental to a purely private retreat.
Realtor.com estimates the property’s current market value at roughly $17 million, while the planned renovation could push it higher, depending on final design and local demand.
County officials say the project is pending a final review, with a decision expected in June 2024, after which construction could begin and finish by late 2025.