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Montecito, California, Unit...

Updated Nov 19, 2023

Ellen DeGeneres & Portia De Rossi Acquire Montecito SFR For $13.5M
SOLDSingle Family Residence

Ellen DeGeneres & Portia De Rossi Acquire Montecito SFR For $13.5M

Montecito, California, United States

$13,500,000

$2,685/SF

Building Size

5,028 SF

Asset Type

Single Family Residence

Closing

May 20, 2022

About this deal

AI

Ellen DeGeneres and Portia De Rossi have sold a single-family residence in Montecito. The property was sold on 05/20/2022 for $13,500,000. The residence spans across 5,028 square feet, resulting in a price per square foot of $2,684.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $13,500,000
  • Market: Montecito
  • Buyer: Ellen DeGeneres - Talk Show Host For The Ellen DeGeneres Show & Portia De Rossi - Australian-American Actress Best known For Starring In Arrested Development

This transaction involved Ellen DeGeneres, the renowned talk show host for The Ellen DeGeneres Show, and Portia De Rossi, an Australian-American actress best known for her role in Arrested Development. They represented themselves and completed the purchase of the single-family residence in Montecito. The property's exact address and any additional details beyond the sale price and square footage were not provided in the available information.

Players

Santa Barbara Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $2.7K per square foot on a published $13.5M for 5,028 square feet (2022).

Browse Santa Barbara single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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