Ellen DeGeneris and Portia de Rossi Stun with $96 Million Transaction(s)

Ellen DeGeneris and Portia de Rossi Stun with $96 Million Transaction(s)

Ellen DeGeneres and Portia de Rossi have made waves again with their recent real estate moves in Montecito. The couple reacquired the notable 319 San Ysidro Road estate, which they initially bought in June of 2023 for $22.5 million, then renovated and sold for $32 million to mining mogul Robert Friedland. They also bought the abutting 3.15 acre lot at 289 San Ysidro Road, adding the ability to access the property from San Ysidro Road.

These deals are part of a larger transaction involving the sale of 2781/2801 Padaro Lane, which DeGeneres and de Rossi acquired in December 2022 for nearly $70 million, the highest residential sale in South Santa Barbara County history. It is speculated that the Friedlands, who may have purchased this property, required the couple to reclaim the San Ysidro estate as part of the broader deal, resulting in a jaw dropping price of $96 million for 2781/2801 Padaro Lane.

Ellen DeGeneres and Portia de Rossi's real estate ventures continue to fascinate, showcasing their savvy investment skills and love for Montecito’s luxurious estates. Their latest moves highlight the area's status as a prime location for high-end real estate, attracting attention and potential buyers interested in owning a piece of this exclusive paradise.

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