Hollywood Power Couple Ellen DeGeneres and Portia de Rossi Lists Their Montecito Home for $39.9 Million

Ellen DeGeneres and Portia de Rossi are parting with their Bali-inspired estate.


COMPOSITE: RISKIN PARTNERS ESTATE GROUP; GETTY IMAGES

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After less than two years calling it home,
Ellen DeGeneres
and
Portia de Rossi
are ready to part with their Bali-inspired estate in the affluent coastal California enclave of Montecito.

The celebrity power couple listed the expansive single-story spread for $39.9 million on Monday, a price that’s nearly $13 million more than the $27 million that they paid for the home in January 2019 through a trust, records with PropertyShark show.

More: NBA Star LeBron James Scores $36.75 Million Beverly Hills Mansion

Described as “warm and modern, timeless and utterly cool,” the pair appear to have spent their two-year tenure renovating and expanding the property by adding an acre of land, bringing the compound’s footprint to more than nine acres, according to the listing with Riskin Partners Estate Group,

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A Big Montecito Estate Sells for Little Over Half Its Original $125 Million Asking Price

One of the largest residential properties in Montecito, Calif., a popular haven for wealthy, has sold for $63.25 million, about half of its original $125 million asking price, property records show.

The roughly 240-acre property initially came on the market in 2014, The Wall Street Journal reported.

Known as Rancho San Carlos, the estate includes a roughly 30,000-square-foot Monterey Colonial-style house with 12 bedrooms, 10 cottages, a small office building, equestrian facilities and about 100 acres of citrus and avocado orchards.

The property is the latest major transaction to close in the Montecito area as Angelenos head to Santa Barbara County amid the pandemic. Actor Rob Lowe and his wife Sheryl Lowe recently sold their Montecito home for $45.5 million, The Wall Street Journal reported.

Rancho San Carlos has enormous scale and a host of quirky amenities. Built around an interior courtyard, the main house has an English-style pub accessed

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