Retail veteran Jack Sinclair has picked up pricey new digs in Carpinteria, an exclusive enclave of Santa Barbara County. The CEO of Sprouts Farmers Market, a Phoenix-based specialty grocery chain, recently paid $12.5 million for an oceanfront home with views of the ocean, island, mountains, and bird sanctuary.

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According to Rich Report, the 1981 Cape Cod-style home has been given a "head-to-toe makeover." A wood-shingled structure with five bedrooms and four baths rests on over a quarter-acre parcel alongside 76 feet of beach frontage on a secluded lane. Featuring hardwood and travertine floors, high wood-paneled/beamed ceilings, skylights and expansive walls of glass, this split-level living space offers about 2,700 square feet of living space on two levels.

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A spacious living/dining area with a stone fireplace topped by a surfboard and flanked by built-in bookshelves is highlighted on the main level, with doors spilling out to a deck with steps leading to an additional lounging platform with beach access. There is a butcher block-topped island in the kitchen, newer stainless appliances, a walk-in pantry, and a windowed breakfast nook.

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Upstairs, the master retreat boasts sweeping ocean views, a seating area, and a bath with dual vanities, a soaking tub, and a shower. On the bottom floor, there are four more bedrooms, including one with an ensuite, three others sharing a bath, and a recreation room and a two-car garage attached.

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He was chief merchandising officer and later CEO of California-based 99 Cents Only Stores before becoming CEO of Sprouts. Currently, he serves on the board of directors of the Food Industry Association and the Los Angeles branch of the Federal Reserve Bank of San Francisco.

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The listing was held by Kathleen Winter and Daniel Encell of Berkshire Hathaway Home Services California Properties; the buyer was represented by Gregg Leach of Village Properties.

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