Ellen DeGeneres flips Montecito estate for $33M
Talk show host and wife Portia de Rossi bought 9-acre Bali-inspired compound in 2019
It didn’t take long for Ellen DeGeneres and Portia de Rossi to find a buyer for their Bali-inspired compound in Montecito, which the couple listed last month after snagging last year.
DeGeneres and de Rossi, who listed the 10,700-square-foot home for $40 million, just sold it for $33.3 million, according to the Los Angeles Times.
While that represents a discount from the asking price, it’s also $6 million more than what they paid for the property in January 2019. After the purchase, the couple spent an unknown sum renovating it, according to the Times.
The single-story main house has four bedrooms and 10 bathrooms. The property encompasses nine acres and three parcels. There’s also a guest house, security office, cabana, gym, pond, pickleball court, and an infinity pool that looks out to the Pacific.
Riskin Partners Group, a division of Village Properties, represented the buyer and sellers.
DeGeneres and de Rossi are among the most prolific luxury real estate players in the L.A. area.