Ellen DeGeneres, Portia de Rossi list $47M Montecito Estate

After a four-month renovation, Ellen DeGeneres and Portia de Rossi are flipping their historic estate in Montecito for $46.5 million – more than double what they paid last summer.

The celebrity couple have listed their 104-year-old “Pompeiian Court,” an 8-acre Roman-style estate at 319 San Ysidro Road, according to the Robb Report.

DeGeneres and de Rossi bought the five-bedroom, 10-bathroom villa in June for $22.5 million.

The 7,800-square-foot manor, built in 1919, lies behind an iron gate at the end of a quarter-mile long driveway lined with olive trees.

Described in the listing as a “classic Roman courtyard residence,” the single-story house was remodeled in 2000 before being revamped by DeGeneres and de Rossi into “a minimalist and soothingly neutral retreat,” according to Robb.

The square villa opens onto a central courtyard with Roman columns and an outdoor fireplace.

The 8-acre property includes two guesthouses, a poolside cabana, a small art studio and a temple pavilion.

They’re surrounded by a tennis court, a chardonnay vineyard, formal hedgerows and lawns with Italian cypresses, oaks and eucalyptus trees.

Robert Riskin at Riskin Partners Group holds the listing.

DeGeneres and de Rossi’s portfolio of homes includes an almost 10,000-square-foot Montecito mansion, a $70 million compound in Carpinteria and a Neutra-designed Bel-Air listing that they bought last year from fashion designer Tom Ford for $29 million.

— Dana Bartholomew