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The Real Deal Los Angeles

Ellen DeGeneres unloads Beverly Hills manse for $35M

The actress had purchased the home for $16M
October 01, 2018 04:43PM

Ellen DeGeneres and actress Portia de Rossi (Credit: Getty Images)

Ellen DeGeneres and Portia de Rossi have sold their Beverly Hills mansion for $35 million, more than twice what they paid for it three years ago.

The couple sold the home to Sue Gross, according to the blog, Yolanda’s Little Black Book. DeGeneres bought the home for $16 million. The most recent deal was completed off-market.

Last month, DeGeneres and de Rossi also bought a Beverly Hills manse for $15 million and in July the couple sold their Montecito estate for $34 million. That purchase was about $5 million more than what they paid for the home in 2013.

Sue Gross and billionaire hedge fund manager Bill Gross divorced last year after more than 30 years together, and since then, have been active residential property buyers.

The 5,280-square-foot home Gross just purchased from DeGeneres is next to another home Gross bought seven months ago for $20 million.

Gross’ main residence is a three-house compound in Laguna Beach’s Irvine Cove community, where she lived with Bill Gross. When Bill Gross tried to return to a different property in Irvine Cove, Sue Gross started outbidding him on all the for-sale properties in the community. In the end, the couple spent nearly $150 million in separate transactions on four homes in Laguna Beach in the span of about a month [Yolanda] — Gregory Cornfield