Friday, March 30, 2007

Ellen and Portia Are Flipping Out in Montecito


Seller: Ellen Degeneres and Portia Di Rossi
LOCATION: Ashley Road, Montecito, CA
PRICE: $24,000,000
SIZE: 4+ acres, 4 bedrooms, 4 full and 2 half bathrooms

YOUR MAMAS NOTES: Hi babies. We received a call this morning from Mugsy Fairweather, one of Your Mama's favorite snitches, to tip us off to this sale. Turns out lesbian power couple Ellen Degeneres and Portia Di Rossi have put their swanky Montecito weekend house back on the market after purchasing the house less than one year ago for a reported price of $15,750,000. Like all celebrities with a lot of money and a knack for real estate, the couple stands to make millions on flipping this property which is just a hop, skip and a jump from Oprah's $50,000,000 extravaganza.

When Your Mama first started this little blog we briefly discussed this house and here we are just a short time later discussing the sale.

Ellen is one of the most prolific celebrity buyers and sellers of high end property. Your Mama can barely keep track of all the houses she owns, what she's buying, selling and in which place(s) she and blondie are living.

As busy as talented Ellen is with her bland but enormously popular television talk show, moonlighting as the emcee of the Academy Awards, and the myriad other projects in which she's involved, it's a miracle this lady has the time and energy to buy, renovate, and sell properties at such a dizzying pace. Perhaps this is what blondie is doing now that her wickedly funny sitcom Arrested Development was unfairly jettisoned. We love all the real estate hoopla these two create, but we'd rather see this gal back on the boob tube acting her teeny fanny off.

Because life is funny and we love wacky six degree of separation situations, Your Mama would like the children to know that we once sold Miss Portia Di Rossi an expensive shell chandelier back before she and Ellen were Sapphically coupled.

Who knows where Ellen will be buying and selling next now that she's sold off her Santa Barbara house as well as her Santa Ynez ranch which she had on the market late last year for $11,900,000.

As far as Your Mama knows the real estate obsessed couple are still residing in their Hollywood Hills compound, but we suppose we ought to be watching those places to see if the ladies are liquidating all their holdings.

And for the record...bravo to the ladies if they can get anywhere near their asking price. We have no doubt they'll use the profits to buy another spectacular estate they'll own for a few months before selling on.

5 comments:

Anonymous said...

9 million profit for less than one year ownership. Give me a talk show, please.

Anonymous said...

How can you have such a beautiful home and not furnish it with AT LEAST one comfortable looking chair?

Anonymous said...

Anyone know where about the Hollywood digs are? I've seen photos of it before, it was designed by Marmol Radziner and is pretty rad.

Sean said...
This comment has been removed by the author.
Montecito Real Estate said...

Jeez! That’s an enormous profit for just one year of ownership. To top that, she owns more than one luxury property and I’m wondering what her other home is worth! I’m not sure what I would do with that kind of money but I don’t think I’d buy more than one home. There are other things I can think of to spend that profit on.