Ellen DeGeneres Is Flipping Homes Like Folks Change Garments

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Ellen DeGeneres doesn’t simply flip homes—she buys, renovates, and sells them at a large mark-up. Since 2003, the talk-show host has owned greater than 20 properties together with her spouse, Portia de Rossi, however insists that their actual property ventures are pushed by a ardour for structure and adorning. “We purchase a home and we like it and we keep in it. Then we get just a little bored as a result of we like a special model or totally different aesthetic,” DeGeneres stated in a 2018 At present present interview.

Most just lately, the couple have grown tired of their 10,400- square-foot, ivy-covered mansion in Beverly Hills, itemizing it for $53.5 million in March. They stand to achieve greater than $10 million, having bought the property for $45 million in 2019 from Maroon 5 frontman Adam Levine.

Whether or not house-flipping is a calculated facet hustle or a conveniently profitable ardour mission, the 2 clearly aren’t settling down anytime quickly. Right here’s a have a look at 9 properties they’ve known as residence.


1. The Tree Home

THEAGENCYRE.COM

Nestled on a wooded lot in Laurel Canyon, this midcentury trendy bungalow was bought by DeGeneres for $1.3 million in 2004. She gave it a Zen makeover and bought it to director David Weissman the next yr for practically 1,000,000 {dollars} extra. The residence’s star-studded record of previous occupants contains actors Heath Ledger and Josh Hutcherson.

2. The Ogilvy Home

DeGeneres and de Rossi lived on this lavish Montecito property for lower than a yr earlier than promoting it for $20 million in 2007 to Google’s then-CEO Eric Schmidt. Designed by famed architect George Washington Smith, the Spanish colonial revival-style mansion later served as the marriage venue for Kris Humphries and Kim Kardashian.

3. Malibu Seaside Home

As soon as residence to Brad Pitt and Angelina Jolie, this swanky oceanside mansion boasts a tennis court docket, a non-public seashore cove, and gorgeous views of Level Mugu State Park and the Pacific Ocean. DeGeneres purchased the newly renovated property from Pitt for $12 million in 2011, promoting it for $13 million shortly thereafter.

4. The Laurence Harvey Home

Echofineproperties.com

DeGeneres and de Rossi bought adjoining properties in Beverly Hills and bought them as
a mixed property to Ryan Seacrest for $37 million in 2012. The sprawling compound marked a uncommon loss for the couple, who spent $48 million. In late 2020, Seacrest listed the property at practically double the acquisition worth—a whopping $85 million.

5. Brody Home

Designed by architect A. Quincy Jones, inside designer William Haines, and panorama architect Garrett Eckbo, this Holmby Hills residence is a masterpiece of modernist structure. DeGeneres snagged it in 2014 for simply shy of $40 million and was fortunate to promote it for $55 million six months later to Napster cofounder Sean Parker.

6. Rancho San Leandro

Redfin.com

DeGeneres and de Rossi bought this equestrian compound in 2017. They bought it the next yr to Sean Rad, founding father of Tinder, for a revenue of $4 million. The Montecito property neighbors Oprah Winfrey’s property.

7. The Villa, Montecito

Zillow.com

This Tuscan-style villa was constructed within the Thirties by architect Wallace Frost and restored years later by designer John Saladino. That includes 9 fireplaces, terraced gardens, and eighteenth-century Italian tiles, the house was bought by DeGeneres and de Rossi in 2013 for $26.5 million. Netflix govt Ted Sarandos purchased it from the couple in 2018 for $34 million.

8. Salt Hill Home

DeGeneres and de Rossi added yet one more architectural model to their portfolio in 2018, once they bought this Montecito property for $27 million. The Balinese-inspired compound, which features a koi pond, health cabana, and infinity pool overlooking the ocean, was bought for $33.3 million in late 2020.

9. Porter Home

Realty.com

This English Tudor-style home was purchased and renovated by DeGeneres and de Rossi in January 2020 for $3.6 million. That includes wood-beam ceilings and luxurious gardens with stone partitions, the residence appears prefer it’s straight out of a storybook. Though Ariana Grande moved into the house final yr, she didn’t purchase it for a music: she paid practically double the earlier worth, $6.75 million.


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