ELLEN’S $5.5M PRICE DROP

Rochdale Observer - - PROPERTY & LIVING -

Be­ing one of the world’s most fa­mous TV chat show hosts, ac­tresses and Hol­ly­wood movers and shak­ers might help at­tract buy­ers when sell­ing a home, many peo­ple would as­sume. But not so for 59-year-old Ellen De­Generes who is try­ing to off­load a for­mer home but is strug­gling to at­tract of­fers since putting it on the mar­ket in April last year.

Five years ago Ellen and her wife Por­tia de Rossi bought the house, which is in the hills above Santa Bar­bara in Cal­i­for­nia, and later fea­tured heav­ily in Ellen’s book, Home.

Known as The Villa it was de­signed and built by ar­chi­tect Wal­lace Frost dur­ing the 1930s af­ter he re­turned from Italy. Af­ter Ellen and Por­tia pur­chased the 10,500 sq ft prop­erty for $26.5m in May 2013, they ex­panded and mod­ernised it. The Villa now has six bed­rooms, eight bath­rooms, nine fire­places, sev­eral li­braries, a mar­ble­topped chef’s kitchen and sev­eral for­mal entertainment rooms. They also added a pool, ten­nis court and se­cu­rity sys­tem and bought two ad­ja­cent prop­er­ties.

Their orig­i­nal ask­ing price of $45m has now been dropped to £39.5m. But they’re not wait­ing for a sale be­fore mov­ing home. The cou­ple have re­cently bought two other prop­er­ties in Cal­i­for­nia in­clud­ing an $18.6m ocean­front home near Santa Bar­bara and a his­toric ranch for $7.2m in the ‘week­end get­away’ town of Mon­tecito. This prop­erty is also next door to Oprah Winfrey.

More in­for­ma­tion from TopTenRealEs­tateDeals.com

Pictures: Jim Bartsch

Ellen De­Generes

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