Ellen DeGeneres has once again showcased her prowess in the real estate world by selling her cliffside Los Angeles megamansion for a whopping $96 million. The comedian and television host, along with her wife, Portia de Rossi, initially purchased the sprawling estate in 2022 for a combined total of nearly $70 million. The property was bought in two parts: the main Tuscan-style mansion for $41.7 million and an adjacent plot of land for $28.2 million. With this sale, Ellen DeGeneres has made a remarkable $26 million profit, adding to her impressive track record of lucrative property deals.
The sprawling mansion, perched atop the Los Angeles cliffs, offers breathtaking views of the Pacific Ocean and comes with all the luxurious amenities you’d expect from a celebrity-owned home. The Tuscan-style estate features a blend of old-world charm with modern touches, including multiple living spaces, a chef’s kitchen, a vast master suite, and an expansive outdoor area complete with an infinity pool. This isn’t just any mansion; it’s an architectural masterpiece designed for ultimate privacy and comfort. Ellen and Portia’s ability to spot properties with high market potential and flip them for significant profit has become a hallmark of their real estate ventures.
Before Ellen DeGeneres became a mogul in the real estate world, she first made her mark as a stand-up comedian in the 1980s. Known for her observational humor and witty take on everyday life, Ellen DeGeneres quickly gained a loyal following. Her comedic talent eventually led to her starring role in the sitcom “Ellen” from 1994 to 1998, which was groundbreaking for several reasons—most notably for its 1997 episode in which Ellen DeGeneres’ character came out as gay, making her one of the first openly LGBTQ characters on primetime television.
Her big break in daytime TV came in 2003 with “The Ellen DeGeneres Show”, a talk show that ran for 19 successful seasons. The show was beloved for its lighthearted interviews, dance segments, and philanthropic moments, becoming a cornerstone of American daytime television. Over the years, Ellen interviewed countless celebrities and public figures, becoming an influential voice in the entertainment industry. The success of her show earned her multiple Daytime Emmy Awards and solidified her status as one of Hollywood’s most successful hosts. Her decision to end the show in 2022 marked the end of an era but allowed her more time to focus on her other business ventures, including her passion for real estate.
Ellen DeGeneres’ success on television, combined with her real estate ventures, has contributed to an estimated net worth of $370 million. Beyond her properties, Ellen DeGeneres also owns several other high-profile assets, including stakes in media and production companies. Her brand, ED Ellen DeGeneres, has expanded into various industries, from home décor to pet products, further diversifying her income streams.
As a couple, Ellen DeGeneres and Portia de Rossi have become known for their keen real estate investments. Together, they’ve bought and sold multiple high-end properties, mostly in California. With a penchant for buying unique, luxurious estates and flipping them for substantial profits, Ellen DeGeneres has become one of the most successful celebrity real estate moguls in Hollywood.
Over the years, Ellen DeGeneres has owned an array of luxurious homes, each more spectacular than the last. One of her most famous properties is her Montecito mansion, which she sold in February of 2024 for $32 million. This Tuscan-style villa sits on nearly 17 acres of land and features total of five bedrooms and eight bathrooms across the main and guest house, with views of both the ocean and the mountains. The property includes a pool, a tennis court, and a 900-square-foot guest house, making it an idyllic retreat.
Another notable property in Ellen’s portfolio is a ranch in Montecito, purchased for $6.7 million, which she renovated to include modern amenities while maintaining its rustic charm. This property features a barn-turned-guesthouse, multiple outdoor seating areas, and even a private lake. Ellen DeGeneres also once owned a Beverly Hills home that she sold for $35 million, adding to her impressive record of flipping properties for profit.
In addition to these, Ellen and Portia have owned homes in Santa Barbara, Carpinteria, and other sought-after locations. Their Carpinteria beach house, which they bought for $18.6 million, was another standout in their portfolio. The house featured five bedrooms, a private beach access, and a stunning outdoor area for entertaining.
The sale of Ellen’s cliffside L.A. megamansion is just the latest in a series of real estate wins for the celebrity. With a sale price of $96 million, Ellen DeGeneres is walking away with a $26 million profit in just over a year—a testament to her keen eye for the real estate market. This flip adds to her already impressive resume as a property investor, and it’s clear that Ellen’s foray into real estate is far more than a hobby; it’s a highly profitable venture.
As Ellen DeGeneres and Portia de Rossi continue to buy and sell homes, each new property seems to top the last in terms of luxury, location, and profit margins. While Ellen DeGeneres may be retired from daytime television, her real estate game is stronger than ever, and this $96 million sale proves that she’s still at the top of her game, both in entertainment and real estate.
