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Soren Urry Acquires Ellen DeGeneres & Portia De Rossi's Montecito 0.72 Acre SFR For $13.5M

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SOLD
$13,500,000

California

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Single Family Residence4,780 SF
Sold 04/04/2022
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Property Image
SOLD

Soren Urry Acquires Ellen DeGeneres & Portia De Rossi's Montecito 0.72 Acre SFR For $13.5M

321 Ennisbrook Drive, Santa Barbara, California 93108, United States

See Similar Deals
Single Family Residence4,780 SF
Sold 04/04/2022
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,824
Total Square Footage:4,780 SF
Transaction Type:Sale

Portia de Rossi and Ellen DeGeneres have sold their property located at 321 Ennisbrook Dr. in Montecito. This single-family residential (SFR) asset sits on 0.72 acres of land. The transaction took place on 04/04/2022.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $13,500,000
  • Square Footage: 4,780
  • Price per Square Foot: $2,824
  • Address: 321 Ennisbrook Dr.
  • Market: Montecito

Soren Urry is the buyer of this property, which was sold by Ellen DeGeneres and Portia de Rossi. The deal was facilitated by Riskin Partners Estate Group from Village Properties and Cristal Clarke from Berkshire Hathaway.

Players

Cristal Clarke
6 deals$78.4M volume
BROKER

Details

SOLD
IMAGE: Portia de Rossi & Ellen DeGeneres DATE: 04/04/2022 ADDRESS: 321 Ennisbrook Dr. MARKET: Montecito ASSET TYPE: SFR ~ ACRES: 0.72 BUYER: Soren Urry SELLER: Ellen DeGeneres & Portia de Rossi BROKERS: Riskin Partners Estate Group - Village Properties; Cristal Clarke - Berkshire Hathaway SALE PRICE: $13,500,000 SF: 4,780 ~ PPSF: $2,824

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Deal Type
Operating Income
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Net Operating Income (NOI)

$720,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$47,962.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,996.89
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