Ellen DeGeneres and Portia de Rossi Flipping Montecito, California, Home

210 Miramar Avenue
Santa Barbara, California

Offered at $4,200,000
SOLD

Talk show host and comedian Ellen DeGeneres and actress Portia de Rossi are flipping their historic house in Montecito, California, for a quick, but potentially large-margin profit.

The couple, who are well-known real estate aficionados, put the 5,500-square-foot English Tudor residence on the market for $6.9 million earlier this week. Robert Riskin of Riskin Partners Group at Village Properties Realtors is handling the sale.

“Although they have bought and sold many properties in the past, they always planned to live in those homes,” Mr. Riskin said. “However, this is the first property they have ever purchased with the intention of renovating and selling. They loved working on this home and are thrilled with how it turned out.”

The bucolic property situated on 1.3 acres offers two bedrooms and two bathrooms, one in each barn along with a rich, dark wood study. This masterpiece property has modern amenities while maintaining original old world charm. There is a breakfast room, full classic kitchen with hand painted professionally designed counter top tiles, powder room, laundry room, oversized three car garage, gardener's restroom, workshop, gym space and full basement that runs below the home.

This unique home boasts plank hardwood and brick floors, leaded glass windows, gourmet chef's kitchen, French doors throughout. The second floor of each barn presents open air bedroom suites, with lots of natural light and dual living rooms with magnificent fireplaces for chilly evening enjoyment. All of the charm of an English countryside, located in sunny Montecito.

This is a once-in-a-lifetime opportunity for your most discerning buyers.

 

 

Ellen DeGeneres and Portia de Rossi Sell Bali-Inspired Montecito Estate for $33M

$39,900,000 | Built 2011 | 10,674 Sq. Ft. | 4 Beds | 5.5+ Baths | 9.24 Acres

Ellen DeGeneres and wife Portia de Rossi have sold their breathtaking Bali-inspired estate on 9.24 acres in Montecito in less than a month for $33 million as reported by Dirt. The celebrity power couple, who listed the residence in October for $40 million, had only lived on the property since January 2019, paying $27 million after negotiating it down from $35 million according to Mansion Global. It was built in 2011 and first hit the market in June 2017 for $40 million. An older listing described the residence as having a, “quintessential California indoor/outdoor comfort”, with, “Luxurious Balinese & Asian-influenced design.” The 8,188 square foot main house includes 3 bedrooms, 3 full and 3 powder rooms, while the 1,365 square foot guest house includes another 2 bedrooms and 2 baths, there is a 400 square foot office, 721 square foot cabana/exercise studio and over 1,200 square feet of garage space.

The grounds are as impressive as the residence with tropical plantings and a remarkable 60-foot x 18-foot basalt pebble infinity pool overlooking spectacular panoramic vistas of the ocean. Flipping homes is nothing new for Ellen and Portia. In recent years, the couple made a substantial profit after selling their 1930s villa designed by Wallace Frost. The couple purchased the historic property in 2013 for $26.5 million and sold it in 2018 for $34 million. American actor Rob Lowe also recently sold his incredible custom built Montecito residence for $45.5 million. Ellen and Portia’s Montecito estate had been on the market for $40 million with Riskin Partners Estate Group of Village Properties.