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Ellen DeGeneres and Portia de Rossi, have bid farewell to their Montecito beach bungalow in spectacular fashion, selling the property for an impressive $5.2 million. The sale, which closed above its $4.99 million asking price, marks another successful real estate venture for the celebrity couple.
The property, a charming 2-bedroom, 2-bathroom retreat, was listed only this month but generated instant buzz, receiving multiple offers within just two days. DeGeneres and de Rossi originally purchased the home in 2021 for $2.9 million, allowing them to walk away with a notable profit on the sale.
One of the bungalow's standout features is its state-of-the-art kitchen, complemented by a sleek glass-enclosed patio. The home spans 1,691 square feet and features an open floor plan that blends indoor and outdoor spaces seamlessly-an ideal setting for entertaining and enjoying the coastal lifestyle that Montecito offers.
The reason behind the move
The listing was managed by Riskin Partners Estate Group of Village Properties/Forbes Global Properties, who clearly had no trouble drumming up interest in the picturesque property. This sale is part of a larger trend for DeGeneres and de Rossi, who have been selling off their U.S. real estate holdings since relocating to the Cotswolds in the United Kingdom last year.
Their move reportedly came after a period of political disillusionment in the U.S., which intensified following Donald Trump's presidential election win. The couple purchased their Cotswolds estate prior to the election but ultimately decided to leave Los Angeles for good in light of the political climate.
With their real estate track record and eye for properties that captivate buyers, DeGeneres and de Rossi continue to make waves in the luxury housing market. As they settle into their countryside life in the UK, fans and real estate enthusiasts alike will no doubt watch closely to see their next move.