Ellen DeGeneres

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Ellen DeGeneres and her wife, Portia de Rossi, are deemed as one of the most impressive contenders in the celebrity real estate market. The duo have been recognized for their frequent involvement in purchasing, renovating, and selling homes. The iconic talk show host has reportedly owned 20 properties since 2003. Recently, DeGeneres and de Rossi were reported to be gravitating further from the bustling city lifestyle selling their $45 million Beverly Hills mansion, their last remaining property in Los Angeles. Now, however, the celebrity couple are once again adding to their Californian catalog with the purchase of a new Beverly Hills abode for $8.5 million.

Built in 1961 by famed architect Robert Skinner, the home is often mistaken as the “Rowan estate” due a misspelling of the original commissioner, banker David H. Rowen and his wife, Shirley. In 1967, the property was purchased by architect Bruce D. Becket who owned it for 45 years. In 2012, talent agent Gregory Cavic and his wife, Jessica, purchased the residence for $3.5 million. Since then, the space has been completely restored by architect John Bertram and designer Sarah Shetter. Now, the half century old Beverly Hills home is in Ellen’s ownership.

Located in the posh community of Hidden Valley Estates, DeGeneres and de Rossi’s newfound property spans 4,614 square feet with five bedrooms and 4.5 baths. The mid-century offers decorative elements of terrazzo flooring, wood finishes, vintage details, and redwood tongue and groove siding. The open floor plan highlights floor-to-ceiling windows and glass walls for a comfortable and airy atmosphere. The living space features built in bookshelves, a distinctive light fixture, and plentiful sunlight. Leading from the living room rests the chef’s kitchen equipped with Douglas fir cabinets, Calacatta Gold salt marble countertops, and casual dining area. Also adjacent to the living room is the formal dining room perfect for entertaining. Stepping outside, the expansive near half acre exterior presents a courtyard entry and in-ground pool. Additionally, the lush greenery, trees, and gardens are designed by Judy Kameon of Elysian Landscapes.

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Ellen DeGeneres and her wife, Portia de Rossi have officially sold their Beverly Hills home for $47 million. The home was put on the market a month ago for an asking price of $53.5 million, yet the couple still managed to make a decent profit.

DeGeneres and de Rossi purchased their Beverly Hills home from Maroon 5’s lead singer Adam Levine back in May 2019 for $42 million. The 10,376-square-foot property has undergone substantial renovations while under the ownership of DeGeneres and De Rossi, on top of $7 million worth of upgrades made by Levine and his wife, Behati Prinsloo. The traditional-ivy covered home features five bedrooms and 12 bathrooms, with plenty of modern touches throughout the residence.

The property has a stainless-steel-covered kitchen, a sunlit two-story front foyer which leads into a 50-foot living room with a stone fireplace and white plaster walls, a family room, and a formal dining room with a bar. The upstairs suite spans 2,000 square feet with a private terrace and en suite bathroom. Other amenities include a resort-like pool with a spa, an outdoor kitchen with a pizza oven, a fire pit, a sunken tennis court, a paneled library, a gym and a screening room. The property also has a guest house.

DeGeneres and de Rossi are notorious for their real estate portfolio. The couple, who has owned over 20 homes throughout the years, are known for flipping their real estate purchases and reselling them shortly after. DeGeneres’ interest in real estate was inspired by her father and her childhood. Growing up, her family often rented properties but never actually owned a home. This inspired DeGeneres to buy her own property when she was finally able to afford it. Together, the couple share a passion for architecture and decorating, opting to try new styles and aesthetics with each property added to their portfolio.

The listing was held by Kurt Rappaport of Westside Estate Agency.

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The latest star to do so is actress Gabrielle Union and hubby Dwayne Wade. Their upcoming TV Special, All-Star Flip aired on April 12th. It follows the couple as they attempt to turn drab to fab in Florida with an outdated ranch home. The difference with this big-hearted couple as opposed to other flippers is that all proceeds are going to charity.

One of the best known flippers is Ellen DeGeneres. Passionate for interior design (she even had her own show on HGTV (Ellen’s Design Challenge), the comedian/talk show host has been flipping luxury LA pads for years. One of her most successful was in July 2014 when  she sold LA’s Brody House (built in 1949, the home has a history of cutting edge design and philanthropy) to Napster founder, Sean Parker for $55 million, netting herself a $15-million payday.

The spa inside the famed Brody House.

In total Ellen bought and sold 7 properties in a decade from 2006 to 2016. Her famous friends have come in handy as buyers (Ryan Seacrest) and renters (Nick Jonas). In just over that time she’s made a net profit of $3.4 million. Sure, A-list celebs earn more for film roles and endorsements but as walking-about money, it’s not bad.

Another well known flipper is actor Jeremy Renner. He and business partner Kristoffer Winters have been flipping homes for years (it’s up to 20 at this point — homes not years). Some of his earlier flips were well documented in website The Wrap. Renner revealed at one point he was making more money flipping houses than acting. The actor said that being amongst the sheetrock, studs and power tools “keeps me grounded.” Most recently Renner has flipped his mother’s house at 201 Elmwood Court in Modesto, Ca., which was purchased in 2007, 7 years after the actor started flipping homes to supplement his income. Renner was hands-on with his mom, Valerie Clearley’s house. She plans to move to LA to join him and her grand kids. Wonder if Renner has a flip in mind to pass on to her there?

Modesto, California

It makes sense that creative types would get into house flipping. Whether creating music or mosaic backsplashes, Grammy winner Beck got in on the house-flipping fever when he purchased and restored a home in Brentwood, LA in 2016. He listed it for $3.75 million, over $700,000 more than he purchased it for.

Sharon Osborne, talk show host and reality TV star, has always been an astute business woman, so of course, she’s a serial house flipper, having remodeled dozens of homes in LA. Her one-hour TV Special was called Sharon Flipping Osborne. “I’m damn good at it,” she said of her house flipping skills on the show. We wouldn’t doubt it.

The post When Celebs Flip Homes The Profits Are Almost As Big As Their Egos appeared first on Haute Residence by Haute Living.

Rumor has it that Ellen DeGeneres and wife Portia de Rossi snapped up Brody House, one of the most unique homes in the LA area. Constructed in 1949 by A. Quincy Jones, the home has been updated by designer Stephen Stone.

The clean, modern architectural features make this space a real stunner, though there’s one other feature that makes this home particularly special. Perhaps the home’s most unusual feature is its location…right next to the Playboy Mansion!

DeGeneres reportedly purchased the space at $39.88M, and for the money, she’s getting lush green lawns with mature trees, a covered patio lounge area, a beautiful in-ground pool, a tennis court, outdoor water features, a rooftop deck and more (not to mention some party animal neighbors)!

Photos courtesy of Curbed

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The post Ellen DeGeneres Buys $39M House Next to Playboy Mansion appeared first on Haute Residence by Haute Living.

According to Curbed, the home features an antique Venetian statue, six bedrooms, 10,000 sq. ft., 18^th-century Spanish entry gates, a guest apartment, terraced atrium garden, antique bathtub, two-level office suite, and amazing ocean views.

Photos courtesy of Curbed

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