Records reveal this is not Daniels’ first Montecito home. Back in 2016, he and Rosen paid $3.6 million for a ranch-style Montecito estate just a quick jog from their new house. Unfortunately, that property was impacted by the 2018 Montecito debris floods, and Santa Barbara County subsequently paid $4 million to buy out the couple’s interest in the property, as part of an initiative for a new neighborhood debris basin.