Yes, I saw that earlier. What a wonderfully bizarre and maximalistic house!
To be fair, they aren’t outright leaving LA. They plan to have a small house there for some time yet untill Oliver graduates, according to the article. And Santa Barbara is pretty close to LA, anyway.
An embarassing error in the article, though – Elfman is pictured with his daughter Mali, but the text reads “Elfman with his wife Ms. Fonda”.