Can you say #housegoals? On Friday, June 22 sources confirmed that Rob Lowe and his wife Sheryl Berkoff have put their $47 million Montecito, CA mansion on the market. Watch the video above to take a tour of their home!

As if the house wasn’t stunning enough, the neighbors aren’t too shabby, either. According to People, celebrities like Oprah Winfrey, Ellen DeGeneres, and former Vice President Al Gore all reside nearby. Monetico, located in Santa Barbara County, is a magnificent waterfront destination. So, question is, why on earth would Rob and Sheryl sell their home?

As it turns out, it’s a classic case of Empty Nest Syndrome. “With our boys now out of the house, we’re looking forward to our next real estate adventure,” the father of Matthew, 25, and John, 23, told Sotheby’s International Realty.

rob lowe's montecito mansion
Jim Bartsch, Sotheby’s International Realty

We can’t imagine any home being more magnificent than this one. With eight full bathrooms, three half bathrooms, and six bedrooms, what more could a couple want? Beyond that, the home sits on 3.4 acres of property lined with “towerking oak trees.” Not to mention, a pool, tennis court, and a number of other tremendous outdoor amenities.

The best part however, is the “East Coast meets Virginia countryside” vibe. According to Sheryl in a 2012 interview with Architectural Digest, it is a “house perfect for mud boots or high heels.” She also expressed just how much love and attention the pair put into decorating. “Building from scratch, I could finally have everything we’ve experienced, loved, and wanted to have or do under one roof — a meld of our personalities.” Let’s just say, we’re envious of whoever gets this home next!