Ellen DeGeneres and Portia de Rossi Promote Historical Montecito Cottage for $5.1 Million

You win some and also you lose some, the pronouncing is going. And so it’s for Hollywood A-Listers Ellen DeGeneres and Portia de Rossi in the case of their homes (even if actual property losses are lovely uncommon for the savvy duo). Coming off one in every of their busiest years in actual property which ended with the acquisition of a colossal ten-acre belongings in Carpinteria that broke county value data with its $70 million ticket, the couple is taking a small loss on their Hedgerow District cottage.

After buying the 1915-build for $5.4 million remaining April, DeGeneres and de Rossi threw the valuables again onto the marketplace for $5.8 million in November. Alas, this month, they had been in a position to fetch most effective $5.1 million for the historical digs, in keeping with Filth, taking a reasonably small $300,000 loss at the transaction.

Sitting on not up to 1 / 4 of an acre, the property holds a small two-bedroom, three-bathroom primary area; a one-bedroom, one-bathroom visitor area; an adjunct unit; a separate one-car storage; and a couple of spots arrange for outside eating. A contented brilliant pink door greets guests on the front of the u-shaped primary area. Within are up to date interiors the place recent feather grey and white wall therapies stability historical crown molding and columns. Darkish hardwood flooring are discovered all over the house and the dwelling and eating rooms are capped by means of vaulted ceilings. Herbal gentle enters the comfortable house via huge home windows and big glass French doorways.

So far as we all know, this sale marks the second one actual property transaction of 2023 for the previous communicate display host and the Australian-American former actor. The strange loss more than likely did no vital harm to their financial institution accounts, then again, as their wins are generally massive. On best of the stellar actual property 12 months the 2 had in 2022, their January transaction introduced in $21 million from the second-time-around sale of historical Rancho San Leandro, which they purchased for $14.3 million in 2021. This was once their moment benefit at the identical belongings as they first bought it for $7.1 million in 2017 and flipped it in 2018 for $11 million.

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