Siteline | Ellen DeGeneres and Portia de Rossi Want $39.9 Million for Their Montecito Compound

Ellen DeGeneres and Portia de Rossi have put their striking compound at 2955 East Valley Road on the market after a year and 10 months. This move doesn’t come as a surprise: as serial real-estate investors, they’re surely aware that the market is on fire. They’re also known for falling in love with properties and embracing a project, which makes me wonder if they’ve already bought something else nearby….

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Bedrooms: Four.
Bathrooms: Five full baths and four half baths.
Size/Acreage: 10,674 square feet / 9.24 acres.
Price: $39.9 million.
Last sold: $27 million in January 2019
Listing agents: Riskin Partners.

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Salt Hill, as the two have named the property, comprises a main residence, guest house, cabana/gym, and security office. The 9.24-acre grounds—now an acre larger than when they bought it—include a pickleball court, pond, and what might be the most elegant infinity pool in town. De Rossi and Degeneres replaced the rustic Balinese theme with something much cooler and more contemporary. They certainly made it more attractive—whether anyone will think it’s worth $13 million more than it was two years ago remains to be seen.