Actor and comedian John Cleese has placed his nearly 15.47-acre Stalloreggi equestrian ranch in Montecito, CA--just down the road from Oprah Winfrey's palatial spread--on the market for $28 million. The Los Angeles Times' Ruth Ryon broke the story this morning of Cleese's listing of the property at 2349 and 2351 E. Valley Road in Montecito, which is near Santa Barbara. Cleese and his wife purchased the property, which consists of a 14.62-acre parcel and a 0.85-acre parcel, in early 1999, according to public records. Features on the property include a 16,000-square-foot great barn with a full-length, completely padded central corridor for all-weather workouts, a large tack rom with plenty of storage, two indoor-outdoor-accessible exercise rooms--one with a lunge arena and one with a European hot walker--two separate offices and a two-bedroom, two-bathroom apartment with a living room, kitchen and views of the Santa Ynez Mountains, according to listing information. Also on the property are two large, dual-level apartments, each with two bedrooms and full kitchens, paddocks, a large arena, and a Mediterranean-style home with three bedrooms, four bathrooms and a swimming pool, according to listing information. Check out listing information for Stalloreggi here. Stalloreggi is just 1.75 miles away from Oprah Winfrey's huge spread, which is at 1633 E. Valley Road. The talk-show queen paid a reported $50 million through her Tara II LLC company in late 2001 for the 41.77-acre property at 1633 E. Valley Road, and she added another adjacent, 1-acre parcel to her compound in late 2004 by buying the 2,560-square-foot house next door at 1637 E. Valley Road for an undisclosed price through her Promised Land LLC Company, according to public records. As for Cleese, he and his wife still own a three-bedroom, three-level beachfront home at 1813 Fernald Point Lane in Santa Barbara, which they purchased in 1994 for just over $1 million, according to public records and news accounts from that time. They briefly had owned the four-bedroom house next door at 1815 Fernald Point Lane, which they sold in early 2003 after having listed it for close to $5.5 million.