Ellen DeGeneres and Portia De Rossi made a profit of millions of dollars by selling their mansion in Beverly Hills – but not nearly as much as they wanted.
The 63-year-old star and his actress’ wife sold the 10,000-square-foot space for “about $ 47 million,” according to The Wall Street Journal on Monday.
In March, the show’s host listed the property through luxury real estate agent Kurt Rappaport for a little more – $ 53.5 million – two years after buying it from Adam Levine of The Voice.
Making a profit: Ellen DeGeneres and Portia De Rossi unloaded their Beverly Hills mansion for “about $ 47 million,” according to The Wall Street Journal – after listing it in March for $ 53.5 million
A source familiar with the agreement confirmed to the WSJ that Ellen and Portia closed the sale of the house by about $ 47 million – almost six million less than the original asking price.
The identity of the lucky buyer of the spectacular property is preserved at this time.
Ellen and Portia could have celebrated their big sale (and $ 2 million in profits) when they were seen on Sunday at a rare meeting in Montecito.
According to the Westside Real Estate Agency, where the home was listed, Ellen and Portia “completely renovated” the house in 2016.
Mansion: A source familiar with the deal confirmed to the WSJ that Ellen and Portia closed the sale of the house for about $ 47 million – almost six million less than their original price.
90210: The couple bought property from The Voice coach Adam Levine in 2019 for $ 45 million
The mansion has five bedrooms, nine bathrooms, a gourmet kitchen and a 50-meter living room with a stone fireplace.
Other special features include a tennis court, media room, gym, swimming pool, outdoor kitchen with pizza oven and guest house.
The master suite alone is larger than many single-family homes at 2,000 square feet, with an attached living room and a private bathroom.
Amazing: the mansion has five bedrooms, nine bathrooms, a gourmet kitchen and a 50-meter living room complete with stone fireplace
Luxury: Ellen and Portia completely renovated the already beautiful house in 2020 before putting it up for sale
Ellen and Portia bought the property from Adam Levine and his supermodel wife Behati Prinsloo just two years ago for $ 45 million.
Coach Voice allegedly obtained the property himself just one year earlier, in March 2018, from Will and Grace’s creator, Max Mutchnick, for $ 35.5 million.
Adam and Behati then bought the former home of Ben Affleck and Jennifer Garner of the Pacific Palisades for $ 32 million, with Rappaport also representing the musician.
The luxury homemade hot potato is very common in Los Angeles and, in particular, Ellen and Portia have made a hobby of overturning state-of-the-art real estate.
Famous real estate: Adam and Behati then bought the former home of Ben Affleck and Jennifer Garner in the Pacific Palisades for 32 million dollars, Rappaport also representing the musician
Hobby: DeGeneres has become an expensive hobby to buy and flip luxury properties in and around Los Angeles
Ellen reportedly lost a million viewers to reports of a toxic workplace culture behind the scenes of her daytime show.
DeGeneres began to have a strong rating in the fall of last year, in the premiere of the 18th season, when it approached the scandal, but it registered a rapid decline in the months since then.
“I found out that things are happening here that should never have happened,” she said in the season premiere. “I take him very seriously.” And I want to say that I am so sorry for the people who have been affected.
“I know that I am in a position of privilege and power and I realize that with that comes responsibility. I take responsibility for what happens at my show.
Issues: Ellen reportedly lost one million viewers to reports of a toxic workplace culture behind the scenes of her daytime show