Montecito, CA – Ellen DeGeneres has put her newly renovated Montecito estate back on the market for $46.5 million, just months after purchasing the property for $22.5 million. The comedian and talk show host is known for buying and restoring historic homes in the affluent Santa Barbara area.
The sprawling 8-acre estate was originally built in 1919 and is known as Pompeiian Court. It is hidden behind large gates and a long olive tree-lined driveway leading to a circular motor court. The main house is designed in a classic Roman courtyard style with minimalist interiors after being renovated by DeGeneres.
Property Highlights:
- 11,530 square foot main house with 2 bedrooms, 2 bathrooms
- Two guest houses, pool house, art studio, and staff office
- Central courtyard with Roman columns and fireplace
- Pool, tennis court, chardonnay vineyard
- Panoramic views of the mountains and Pacific Ocean
DeGeneres purchased the home this June for $22.5 million and has spent the last four months working with her team to fully restore the property. Real estate agent Robert Riskin said, “What makes Ellen so unique is that she focuses on restoring historic and special properties rather than just tearing down and building new.”
A Look Inside:
The gated property features a driveway lined with olive trees leading up to the main house. Most rooms open out to the peaceful courtyard that allows for indoor/outdoor living.
The eat-in kitchen has black stone counters and dark cabinetry overlooking a giant ancient oak tree on the grounds. For formal dining, there is an octagonal room perfect for entertaining.
The media room includes French doors that lead out to a serene terrace area. The home also contains a wine cellar for storing the chardonnay made from the vineyard on the premises.
Outdoors, guests can enjoy the Mediterranean-style pool and spa area or a match on the private tennis court. There are also multiple fountains and walking paths throughout the manicured landscape.
The Future:
DeGeneres has fully restored the home in just a few short months and is now looking to sell it for over double what she paid. The $46.5 million asking price is on par with other luxury estates in the exclusive Montecito area.
Given the rapid turnaround, it appears DeGeneres did not actually reside in the mansion and simply flipped the property after an extensive renovation. This is not unusual for the celebrity house flipper who has bought and sold many homes in Montecito and Beverly Hills.
The new owners will acquire a completely updated historic estate with plenty of amenities. It is sure to attract interest from discerning buyers looking for a one-of-a-kind property with old-world charm and modern renovations.
Whether or not the home sells for the full asking price, DeGeneres stands to make a considerable profit on her latest successful flip. Her exquisite restoration has breathed new life into the 100-year-old property that will make a stunning estate for generations to come.