Ellen DeGeneres unloads massive Beverly Hills mansion for ‘$47MILLION’ … just a month after listing the sprawling estate for $53.2MILLION
- Ellen DeGeneres and Portia De Rossi sold their Beverly Hills estate for approximately $47million, The Wall Street Journal reported
- The talk show host unloaded the property just a month after listing it, taking less than her $53.5million asking price
- The couple had bought the estate for $45million from The Voice coach Adam Levine in 2019
- For years Ellen and Portia have made a hobby out of flipping expensive homes across Los Angeles
Ellen DeGeneres and Portia De Rossi made a multi-million dollar profit on the sale of their Beverly Hills mansion – but not nearly as much as they wanted.
In March the talk show host listed the estate through luxury real estate agent Kurt Rappaport for quite a bit more – $53.5million – two years after purchasing it from The Voice’s Adam Levine.
Turning a profit: Ellen DeGeneres and Portia De Rossi unloaded their Beverly Hills mansion for ‘roughly $47million,’ according to The Wall Street Journal – after listing it in March for $53.5million
A source familiar with the deal confirmed to WSJ that Ellen and Portia closed on the sale of the home at around $47million – nearly six million less than their original asking price.
The identity of the lucky buyer of the spectacular property is being kept under wraps at this time.
Ellen and Portia could have been celebrating their big sale (and $2million in profits) when they were spotted out on a rare date night in Montecito on Sunday.
According to the Westside Estate Agency, where the home was listed, Ellen and Portia ‘completely renovated’ the jaw-dropping home in 2020.
Mansion: A source familiar with the deal confirmed to WSJ that Ellen and Portia closed on the sale of the home at around $47million – nearly six million less than their original asking price.
90210: The couple bought the estate from The Voice coach Adam Levine in 2019 for $45million
The mansion boasts five bedrooms, nine bathrooms, a gourmet kitchen and a 50 ft living room complete with a stone fireplace.
Other stand out features include a tennis court, media room, gym, pool, outdoor kitchen with a pizza oven and guest house.
The master suite alone is larger than many single family homes at 2,000 sq ft with an attached sitting room and en suite bathroom.
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Stunning: The mansion boasts five bedrooms, nine bathrooms, a gourmet kitchen and a 50 ft living room complete with a stone fireplace
Luxury: Ellen and Portia completely renovated the already beautiful home in 2020 prior to listing it for sale
Ellen and Portia bought the property from Adam Levine and his supermodel wife Behati Prinsloo just two years ago for $45million.
The Voice coach had reportedly got the property himself just a year prior, in March 2018, from Will and Grace creator Max Mutchnick for $35.5million.
Adam and Behati then purchased Ben Affleck and Jennifer Garner’s former home in the Pacific Palisades for $32million, with Rappaport also representing the musician.
The luxury home hot potato is very common in Los Angeles and, in particular, Ellen and Portia have made a hobby of flipping high end real estate.
Celebrity real estate: Adam and Behati then purchased Ben Affleck and Jennifer Garner’s former home in the Pacific Palisades for $32million, with Rappaport also representing the musician
Hobby: DeGeneres has made an expensive hobby of purchasing and flipping luxury properties in and around Los Angeles
Ellen reportedly lost one million viewers following reports of a toxic workplace culture behind the scenes of her daytime show.
DeGeneres got off to a strong ratings start last fall in her 18th season season premiere when she addressed the scandal, but has seen a swift decline in the months since.
‘I learned that things happen here that never should have happened,’ she said in her season premiere. ‘I take that very seriously. And I want to say I am so sorry to the people who were affected.
‘I know that I’m in a position of privilege and power, and I realize that with that comes responsibility. I take responsibility for what happens at my show.’