Ellen DeGeneres is likely laughing all the way to the bank after unloading her sprawling California estate for a massive price tag.
According to property records obtained by the Wall Street Journal, the TV personality and her wife, Portia de Rossi, have sold their 10-acre estate in Santa Barbara County.
The sale price was a staggering $96 million.
The couple scooped up the home for $70 million back in 2022, and have reportedly sold it to mining magnate Robert Friedland.
The businessman is set to call the Tuscan-style mansion in Carpinteria home.
The property features 9,000 square feet of living space, 5 bedrooms, 8 bathrooms, hardwood floors, stone archways, walk-in closets, private beach access, and more luxurious amenities.
We don’t know how much dough Ellen put into the home since buying it, but the $96 mil price tag probably means she’s making a tidy profit — which she’s already investing into a new property.
Ellen and Robert have done a home swap of sorts … according to WSJ, she’s buying back a Santa Barbara home she’d previously sold to him earlier this year. She reportedly paid $32 mil for the home, which was built in 1919 and sits on 8 acres.
Ellen and Portia must have big plans for the property … they also snapped up a 3-acre lot next door for $6 million, so we sense a major home renovation in their future.
Santa Barbara County contractors gotta love Ellen!
Ellen DeGeneres continues to make headlines in the real estate world, this time selling her luxurious California estate for a jaw-dropping $96 million. The stunning Tuscan-style mansion in Carpinteria features 9,000 square feet of living space, 5 bedrooms, 8 bathrooms, hardwood floors, stone archways, walk-in closets, and private beach access. It’s no wonder she was able to turn a profit on the property, especially considering she and her wife, Portia de Rossi, only purchased it for $70 million back in 2022.But Ellen isn’t done making moves in the real estate market just yet. According to reports, she is also in the process of buying back a Santa Barbara home she had previously sold to mining magnate Robert Friedland earlier this year. The historic home, built in 1919 and sitting on 8 acres, set Ellen back $32 million. To add to their new property, Ellen and Portia also acquired a 3-acre lot next door for $6 million, indicating that they have big plans for renovations and expansions in the future.It seems that Ellen and Portia are not only savvy businesswomen but also have a keen eye for promising real estate investments. With their recent transactions in Santa Barbara County, it’s clear that they have a knack for turning properties into profitable ventures. Stay tuned for more updates on Ellen DeGeneres and Portia de Rossi’s real estate ventures, as they continue to make waves in the industry. Make sure to follow us for more insightful information and the latest updates on celebrity real estate news.
Ellen DeGeneres and Portia de Rossi have certainly made quite the profit on their recent real estate transactions. Selling their 10-acre estate in Santa Barbara County for a staggering $96 million is no small feat. The Tuscan-style mansion in Carpinteria boasts 9,000 square feet of luxurious living space, complete with 5 bedrooms, 8 bathrooms, and top-of-the-line amenities. It’s no wonder they were able to command such a high price.But the power couple isn’t stopping there. Reports suggest that Ellen is in the process of purchasing back a Santa Barbara home she had previously sold to Robert Friedland for $32 million. In addition, they have also acquired a 3-acre lot next door for $6 million, signaling their intention to undertake major renovations and expansions on the properties. Ellen and Portia’s keen eye for real estate investments is truly impressive. It’s clear that they are not only successful entertainers but also savvy businesswomen with a knack for turning properties into profitable ventures. Their strategic moves in the real estate market continue to generate buzz and make headlines.As Ellen and Portia’s real estate portfolio grows, we can’t help but be intrigued by their next move. Stay tuned for more updates on their ventures in Santa Barbara County and beyond. For all the latest celebrity real estate news and insightful information, be sure to follow us for more updates. Your support motivates us to continue providing you with valuable content. Source: Tampa Bay Times
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Source: Tampa Bay Times
