Ellen’s latest real estate move: She just listed this $24M home

Master home flippers Ellen DeGeneres and wife Portia De Rossi have been busy buying and selling luxury properties this year

Jun.June 26, 2019 05:00 PM
Ellen DeGeneres and the home (Credit: Getty Images)
Ellen DeGeneres and the home (Credit: Getty Images)

Ellen DeGeneres is a TV talk show star, an actress, comedian and real estate bigwig.

DeGeneres and her wife, Portia de Rossi, have become some of the most prolific luxury home flippers in Southern California, and they are building on that reputation in Santa Barbara.

The two have now listed their oceanfront property for $24 million — which would be a 29 percent increase over the $18.6 million they paid less than two years ago.

The 1-acre property on Padaro Lane is in the city of Carpinteria. The main residence spans 6,860 square feet with three bedrooms, four and a half bathrooms. The property includes a multi-level guest house with about 900 square feet and a tennis court. It was previously owned by Los Angeles developer Robert F. Maguire III.

The property is co-listed with Compass broker Suzanne Perkins and Riskin Partners Group at Village Properties.

In the last two years, DeGeneres has closed nearly $200 million in deals throughout the region, despite a softening high-end market.

Last month, DeGeneres and de Rossi purchased Adam Levine’s Beverly Hills mansion, which spans nearly 10,400 square feet, for $45 million. She also recently listed a 5,100-square-foot home in Beverly Hills for about $18 million, and in January, DeGeneres spent $27 million on a mansion that adds to her collection of homes in Montecito. [Variety]Gregory Cornfield

Related Articles

Oprah Winfrey and Jeff Bridges with the home (Credit: Getty Images and Realtor.com)

Oprah has now paid $86M acquiring Montecito real estate

Jonas Brothers set real estate records in Encino

Jonas Brothers set real estate records in Encino

Mohamed Hadid and his ill-fated spec mansion

Hadid’s Bel Air mansion must be torn down: city

Simon Fuller and his wife, Natalie

Off key: “American Idol” creator cuts price on Bel Air home

Kawhi Leonard and LeBron James with their California homes (Credit: Getty Images and Redfin)

Real estate rivalry: How the stars of the Lakers and Clippers live

Rachel Bloom and Matt Leinart (Credit: Getty Images)

Actress Rachel Bloom sues Matt Leinart-tied developer over house defects

Kunal Nayyar and the home (Credit: Getty Images and Comapss)

“Big Bang Theory” star Kunal Nayyar buys Hancock Park home

Four of the top residential listings in LA this week

Here are the priciest resi listings in LA County last week