Talk show host Ellen DeGeneres sells her Montecito compound for $45.7 million

Talk-show host Ellen DeGeneres has parted ways with her Bali-inspired LA compound, which she compared to ‘like being in jail’ during COVID-19 lockdown.

Talk-show host Ellen DeGeneres may have had a tough year on the professional front, but she’s proven she still has the touch when it comes to selling houses.

The serial property flipper and her wife, the actress Portia de Rossi, have offloaded their sprawling LA compound, located in the exclusive enclave of Montecito, for $45.7 million (US$33.3 million), Variety reports.

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Inside Ellen DeGeneres’ $34.3 million California beachfront

Ellen has sold this expansive LA compound. Picture: Realtor

Ellen on The Ellen Show, which is back being filmed in studio.

The sale price is lower than the star couple had been hoping for however, with the property hitting the market a month ago with $56 million (US$40 million) price hopes.

The new buyer has yet to be identified, but they reportedly purchased the entire property in cash, records reveal.

Dengeres and De Rossi originally bought the hilltop residence early in 2019 for $38 million (US$27 million), and hastily got to work expanding and modernising the showstopping house.

They then dropped another US$1.9 million on the smaller adjacent home that was also included in the sale.

The nearly 1,000 sqm m property boasts a 760 sqm three-bedroom main house, a one-bedroom guesthouse, a cabana with a gym, and a security office, according to Realtor.

The total offering – set behind large gates and looking out onto the Pacific Ocean – has multiple structures, five bedrooms, five full bathrooms, and five half-baths, on 9.3 acres of land.

The home has gated entry. Picture: Realtor

The couple also added a new state-of-the-art security system, featuring multiple cameras and infra-red lasers, following a widely reported burglary at the property.

The sprawling grounds include a koi pond, sports court, many lush plants and sprawling lawns.

Built in 2011, the main house opens onto a veranda with a fire pit, dining area, and seating, and looks out to a vanishing edge pool that juts over the hillside.

The dramatic main room with walls of glass. Picture: Realtor

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Entering directly into the great room with bamboo ceilings and walls of glass, the large space includes living and dining areas that lead outside.

Ellen used one of the bedrooms as an office. Picture: Realtor

Portia de Rossi and Ellen DeGeneres at the Golden Globes in 2020. (Photo by Axelle/Bauer-Griffin/FilmMagic)

The luxurious main bedroom includes a spalike bath with a built-in stone tub that looks out to the mountain and ocean views, and also contains two sinks and a separate shower.

The showbiz couple have bought and sold multiple properties over the years across California.

The bathroom has a large built-in stone tub. Picture: Realtor

The couple also own a posh Beverly Hills mansion they bought from Adam Levine, another home-flipping celeb, which they picked up last year for nearly $60 million (US$42.5 million).

DeGeneres has been the cause of much negative publicity this year, contending with reports of a negative work environment at her show, leading to the ousting of several top executives.

In April, the talk show host also compared being in coronavirus lockdown to being in prison, when she was filming one of her ‘at-home editions’ of her show.

“One thing that I’ve learned from being in quarantine is that people — this is like being in jail, is what it is,” DeGeneres said in the video.

The kitchen opens to outdoor dining space. Picture: Realtor

“It’s mostly because I’ve been wearing the same clothes for 10 days and everyone in here is gay. The jokes that I have. I feel bad for the kids at home, all the college students, all the parents. I feel bad for a lot of people. But I think that a lot of people out there need words of encouragement, and that’s what I want to do.”

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