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 with her real estate moves, this time selling her stunning California estate for a jaw-dropping $96 million. The Tuscan-style mansion located in Carpinteria features 9,000 square feet of living space, 5 bedrooms, 8 bathrooms, and luxurious amenities like hardwood floors, stone archways, walk-in closets, and private beach access.While Ellen and her wife, Portia de Rossi, originally purchased the estate for $70 million in 2022, the hefty profit from the recent sale indicates a savvy investment on their part. The new owner, mining magnate Robert Friedland, is sure to enjoy the beauty and elegance of the property.But the real estate dealings don’t stop there for Ellen. She’s also in the process of buying back a Santa Barbara home that she had previously sold to Robert earlier this year. The historic home, built in 1919 and sitting on 8 acres, was acquired by Ellen for $32 million. Additionally, the couple purchased a 3-acre lot next door for $6 million, hinting at possible grand renovation plans in the future.It’s clear that Ellen and Portia have a keen eye for prime real estate and a taste for luxury. Their investment choices not only showcase their financial acumen but also highlight their commitment to creating stunning living spaces. Stay tuned for more updates on Ellen’s real estate ventures and inspiring lifestyle choices.
Ellen DeGeneres has once again made a savvy real estate move, selling her spectacular California estate for a whopping $96 million. The luxurious Tuscan-style mansion in Carpinteria boasts 9,000 square feet of living space, 5 bedrooms, 8 bathrooms, and top-of-the-line amenities including hardwood floors, stone archways, walk-in closets, and private beach access.The sale represents a significant profit for Ellen and her wife, Portia de Rossi, who purchased the property for $70 million just a few years ago. The new owner, Robert Friedland, a prominent mining magnate, is sure to appreciate the sophistication and beauty of the estate.But Ellen isn’t just selling real estate – she’s also in the midst of a unique buying spree. She is repurchasing a historic Santa Barbara home that she had previously sold to Robert earlier this year. The stunning house, dating back to 1919 and situated on 8 acres, came with a price tag of $32 million. In addition, Ellen and Portia have acquired a 3-acre lot next door for $6 million, hinting at exciting renovation plans in the near future.Ellen’s discerning taste and strategic investments showcase her flair for finding exceptional properties and creating extraordinary living environments. Keep following us for more updates on Ellen’s real estate ventures and lifestyle choices, and for more valuable content to come. Stay updated with us to stay informed and inspired for more beneficial information in the future.
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Source: Los Angeles Times (edited)
