So good she bought it twice! Ellen DeGeneres pays $14.3M to buy back historic Montecito estate she sold in 2018 for $11M
- The daytime chat show host first purchased the property in 2017 for $7.2M
- The six-acre estate dates back to 1850 when the original hacienda was built
- In 2008, a second two-story house was built with two bedrooms and three baths
- The secluded compound boasts stunning views and equestrian facilities
- It abuts Oprah Winfrey’s massive $70M estate
She made a quick killing when she flipped a historic estate in Montecito, California, in 2018.
And now Ellen DeGeneres has paid top dollar to buy back the Rancho San Leandro.
The daytime chat show host first purchased the property in 2017 for $7.2 million then sold it on to Tinder founder Sean Rad for $11 million.
Rad listed it for sale again a year later but had no takers, but has now found a buyer in the estate’s previous owner, THR.com reported Monday.
But, with post-pandemic real estate skyrocketing in price in Southern California, DeGeneres’ decision she wants the property back has cost her double what she originally paid for it.
Ellen DeGeneres has paid $14.3 million to buy back a historic estate in Montecito that she first bought in 2017 for $7.2 million and sold in 2018 for $11 million
Rancho San Leandro dates back to around 1850 when the original one-bedroom, one-bathroom hacienda was built
In 2006, a new two-story home was built offering two bedrooms and three bathrooms
The six-acre rancho abuts Oprah Winfrey’s vast $70 million estate in the upscale enclave outside Santa Barbara that is also home to Rob Lowe, Katy Perry and Orlando Bloom and Prince Harry and Meghan Markle.
The original hacienda-style home was built on the land around 1850 and in 2006, a larger 3,600-square-foot residence was added.
The compound is surrounded by oak and eucalyptus trees and includes private courtyards and equestrian facilities.
The original 3,100-square-foot, single-story adobe hacienda has one bedroom and one bathroom and is built around a cobblestone courtyard.
It has a great room with living and dining areas and two fireplaces.
The original 3,100-square-foot, single-story adobe hacienda has a great room with living and dining areas
The great room has cathedral wood-beam ceilings, saltillo tile floors and identical fireplaces at each end
The bedroom is spacious and has a living room area and a fireplace
The newer residence features two bedrooms and three baths and boasts stunning ocean and mountain views.
It has a kitchen and a step-down living room with fireplace as well as a colorful tiled staircase.
The newer residence offers 3,600-square-foot of living space and features a step-down living room with fireplace as well as a colorful tiled staircase
There are plenty of traditional touches to marry the modern home with the historic estate
There are two bedrooms on the upper floor with views over the gardens. They have wood floors and beamed ceilings and one has an adobe fireplace while the other has a small balcony
A formal dining room has whitewashed brick walls with wood accents as well as terracotta tile and a traditional chandelier
The home opens out onto a courtyard and extensive gardens
The secluded estate is situated on six acres dotted with oak and eucalyptus trees and boasts stunning views of the mountains
DeGeneres recently announced that she is ending her chat show after almost 20 years amid allegations of a toxic workplace.
The comedienne, who’s 63, has been married to actress Portia de Rossi, 48, since 2008.
The couple have a vast real estate portfolio although they have been selling off properties they owned in Los Angeles. They’re believed to still have other luxury estates in the Montecito area.
There are equestrian facilities including a large barn and a dressage ring
There’s also a gym, along with an office and a three-car garage, all linked via a veranda
The homes sit at the end of a long driveway lined with olive trees
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