The Most Successful Celebrity House Flipper Is at it Again

Can you guess who just made an almost $4 million profit on this stunning home?

Courtesy of Sotheby’s International Realty
 

Ellen DeGeneres’s love for real estate and interiors is well-documented: Her 2015 book Home is a deep dive into the TV host and comedian’s long-standing passion for decor, in which she wrote that she wanted to be an interior designer when she was 13.

In early 2017, she launched a three-part home collection so that fans could bring her simple, yet sophisticated style to their homes, too. And per a 2016 Forbes article, DeGeneres has been quietly flipping homes to great success for the past 11 years. Now, according to Variety, she has another success story to add to that list: a 6,764-square-foot Montecito home that just sold for $11 million.

DeGeneres, who bought the property eight months ago for $7.2 million with wife Portia de Rossi, enjoys a significant profit on the Spanish-style home. The $3.8 million price increase is no small feat, but upon looking at the space, it’s not exactly surprising.

Could it be the home’s new celeb pedigree that inspired the increase? The fact that the 40-acre estate next door belongs to one Oprah Winfrey (a local celeb, sure to break into the mainstream any day now)? Or is it maybe all the careful restoration that DeGeneres undoubtedly put into upgrading the home? We’re guessing a combination of the three.

Courtesy of Sotheby’s International Realty
 

While we aren’t sure what the exact extent of the updates look like, Variety does note that the outdoor pool and tennis court the new owner will enjoy did not exist when DeGeneres and de Rossi bought the home less than a year ago.

Given the stunning property, it also doesn’t look like tons of updates were necessary to make the place shine. Nestled privately behind a border of oak and eucalyptus trees, this six-acre property actually includes a 2,751-square-foot hacienda that was built in 1845 and a 3,635-square-foot, two-story “guesthouse” that was built in 2006.

The historical portion of the property features a 50-foot long open floor plan living and dining area, a teracotta tiled kitchen with plenty of entertaining space, and a master suite complete with a fireplace and walk-in closet. Wood vaulted ceilings and Mediterranean features run throughout the home, adding some old-school charm. 

Courtesy of Sotheby’s International Realty
 

Elsewhere, the guesthouse includes three bedrooms and three bathrooms—marginally more spacious than the main property. But with so much beautiful outdoor space to hang out in, we’re guessing the new homeowners won’t be too caught up with indoor square footage.

 

Courtesy of Sotheby’s International Realty
 

For example? Well, if we had a four-stall horse barn and adjacent riding area/pasture, a wraparound, covered front porch perfect for a sunset cocktail or morning coffee, and stunning gardens with both mountain and ocean views, we probably wouldn’t ever leave. Just saying.

 

Courtesy of Sotheby’s International Realty
 

It seems outdoor living is a priority for DeGeneres in all her properties: Our favorite funny lady still owns an equally gorgeous Santa Barbara villa, which has been on and off the market periodically since March 2017, and a sophisticated seaside mansion in Carpinteria, California. Both have sweeping outdoor views and exhibit the same enviable architecture we’ve come to expect from an Ellen-approved home... which is only the best, of course.

See more celeb homes we love:
Chrissy Teigen and John Legend Are Moving Back to Their Old NYC Building
Lucy Liu’s Modern LA Craftsman Masters Indoor-Outdoor Zen
Peek Inside Kirsten Dunst’s Cool-Girl Soho Loft

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Published on May 25, 2018 - 1:30pm EDT

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