See inside El Encanto Hotel, the luxury property in the Santa Barbara hills that LVMH just sold for $82.2 million.

The five-star El Encanto resort in Santa Barbara, a Hollywood getaway for more than a century where rooms cost north of $1,000 a night, has been sold to Tinder co-founder Justin Mateen for $82.2 million. Mateen bought the historic hotel in one of the city’s exclusive hillside neighborhoods with his brother Tyler and Culver Capital.

An enchanting five-star resort on a private hillside along the Central Coast recently sold to one of Los Angeles’ tech millionaires. The El Encanto hotel in Santa Barbara, previously owned by the French luxury brand LVMH,

LVMH Moët Hennessey Louis Vuitton SE, the French luxury conglomerate behind some of fashion’s biggest brands, is selling its only hotel in the U.S. El Encanto, a 90-room luxury hotel in Santa Barbara,