Haven’t we had this dream before?

Ellen DeGeneres, who has a history when it comes to fixing up and selling homes, appears to have found her next project. The daytime talk show host and her wife, actress Portia de Rossi, have purchased a home in Carpinteria for $18.6 million.

Set along roughly 80 feet of sandy beach, the gated estate centers on a shake-sided main

house of about 6,000 square feet. A matching guesthouse, lighted clay tennis court and plunge pool share the site, which is more than an acre.

The main residence, built in 1979, has been extensively remodeled and features light wood floors, vaulted ceilings and walls of windows that bring ocean views inside.

A step-up living room, a dining room, an open-plan kitchen, four bedrooms and 4.5 bathrooms are among the living spaces. Another bedroom and two bathrooms lie within the guesthouse.

Expansive decking creates additional living space outdoors. Gardens and landscaping make up the grounds.

Kathleen Winter, Marsha Kotlyar and Michele White of Berkshire Hathaway HomeServices California Properties were the listing agents. Suzanne Perkins of Sotheby’s International Realty represented the buyers.

DeGeneres, 59, has won multiple Emmys for “The Ellen DeGeneres Show,” which premiered in 2003. Rossi, 44, has appeared on such television shows as the legal drama “Ally McBeal” and the sitcom “Arrested Development.”

The couple own another home in Montecito, which is currently for sale at $45 million.