HOUSE-FLIPPING experts Ellen DeGeneres and Portia de Rossi just closed their biggest real estate deal.
The A-list couple sold their sprawling California mansion to mining magnate Robert Friedland for a whopping $96 million.
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Property records obtained by The Wall Street Journal revealed that Ellen and Portia sold the property less than two years after purchasing it for around $70 million.
Records showed the buyer is an entity linked to Robert, whose net worth is estimated at about $3 billion.
The couple traded properties with Robert, with records showing they paid him $32 million in June to buy back a Santa Barbara home they sold to him earlier this year.
Carpinteria is a coastal town near Santa Barbara and Montecito that has attracted famous homeowners like Yellowstone star Kevin Costner and filmmaker George Lucas in recent years.
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This is the biggest real estate deal Ellen and Portia have ever closed.
US Sun has reached out to representatives for Ellen, Portia and Robert for comment.
The Carpinteria property comprises two lots measuring about 10 acres, complete with an 8,000-square-foot home spread over three floors, a cabin and a guest house.
Other highlights of the luxurious property include a pool house, an art studio, a staff office, and access to a private beach.
The five-bedroom, eight-bathroom Tuscan-style home is tastefully decorated with stone arches, exposed wood beams, marble accents — including a gorgeous kitchen countertop — hardwood floors.
The master suite has double closets and bathrooms, and opens onto a terrace with a spa.
The sale comes a month after the Emmy winner, who hosted The Ellen DeGeneres Show for 19 years, announced she was “done” with showbiz once she taped her Netflix special.
The 66-year-old comedian, who is currently on her Ellen’s Last Stand…Up tour, recently discussed the possibility of an acting comeback during a tour stop in Santa Rosa, California, last month.
When an audience member asked Ellen if she plans to return to film or Broadway, she responded, “Um. No. This is the last time you’ll see me. After my Netflix special, I’m done.”
She also addressed the scandal that plagued her NBC daytime talk show four years ago, ending her career as one of TV’s most beloved hosts.
Ellen DeGeneres Tour Dates
Ellen DeGeneres has announced her first stand-up tour since the scandal that rocked her world, leading to the end of her daytime TV show. In 2022, Buzzfeed published a bombshell report that claimed The Ellen DeGeneres Show was a “toxic workplace.”
- July 8 – Paramount Theater – Denver, Colorado
- July 13 – ACL Live at The Moody Theater – Austin, Texas
- July 20 – The Masonic – San Francisco, California
- July 22 – Benaroya Hall – Seattle, Washington
- July 29 – Wang Theater at Boch Center – Boston, MA
- July 30 – DAR Constitution Hall – Washington, DC
- July 31 – Academy of Music – Philadelphia, Pennsylvania
- August 1st – Radio City Music Hall -New York, New York
- August 5th – Meridian Hall – Toronto, Canada
- August 7th – Durham Performing Arts Center – Durham, North Carolina
- August 8 – Ovens Auditorium. – Charlotte, North Carolina
- August 10 – The Chicago Theater – Chicago, Illinois
- August 13 – Ryman Auditorium – Nashville, Tennessee
- August 15 – Orpheum Theater – Minneapolis, Minnesota
- August 16 – Orpheum Theater – Minneapolis, Minnesota
- August 17 – Orpheum Theater – Minneapolis, Minnesota
“Let me tell you what’s been happening to me since you last saw me,” she began. “I have chickens.
“Oh yeah, and I got kicked out of show business for being bad.”
While she did not directly apologize for her alleged off-screen actions and behavior, Ellen added, “I can be demanding, impatient and tough.
“I’m many things, but I’m not bad.”
The final episode of The Ellen DeGeneres Show aired on May 26, 2022, two years after the publication of the bombshell Buzzfeed report that derailed her career.
Former employees claimed they were subjected to a “toxic work environment”, sharing their experiences of “racism, fear and intimidation” during their tenure.
Ellen announced her tour in a May release from producer Live Nation, calling it “the last opportunity to witness a comedy legend take his final curtain call.”
A week after announcing her plans to quit show business, Ellen canceled a series of tour stops, including four shows in Chicago, San Francisco, Seattle and Dallas.
FLIP SHOW
According to The Riv magazine, Ellen, whose net worth is estimated at $500 million, has sold more than 50 homes over the past two decades.
She closed eight real estate deals in 2022 alone, calling moving house “my version of traveling” in an interview with the publication.
“I don’t really travel much. So moving house is my version of traveling. With moving house, the scenery changes, even though I stay in the same general area,” she said.
“Just in a new place and from a new perspective,” Ellen added.
Other well-practiced celebrities include model Sofia Richie, Disney legend Miley Cyrus and America’s Got Talent judge Sogia Vergara.
“Successful homes remodel the entire property. Some homes are demolished and rebuilt,” Los Angeles real estate expert Stacey Franklin told The US Sun.
“Others carry out small projects, such as renovating just surfaces or changing tiles in the kitchen.
“Celebrities have realized that they can make even more money than their day jobs by flipping and creating extra wealth,” she added.
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This story originally appeared on The-sun.com read the full story
