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Montecito, CA, USA

Ellen DeGeneres Acquires Montecito SFR For $27M With Brokers Ivor Miskulin & Suzanne Perkins
SOLDSingle Family Residence

Ellen DeGeneres Acquires Montecito SFR For $27M With Brokers Ivor Miskulin & Suzanne Perkins

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$27,000,000

$294/SF

Building Size

91,639 SF

Asset Type

Single Family Residence

Closing

Jan 28, 2019

AI

Ellen DeGeneres, the popular American comedian and television personality, recently made a residential real estate transaction in Montecito. She purchased a single-family home for a whopping $27 million. The property spans across 8,188 square feet, resulting in a price per square foot of $3,297. The deal was finalized on January 29, 2019, and the property is located in the coveted Montecito market.

Summary of Transaction Details

  • Property Type: Single-Family Home
  • Transaction Amount: $27 million
  • Square Footage: 8,188 sqft
  • Price per Square Foot: $3,297

The transaction was facilitated by brokers Ivor Miskulin and Suzanne Perkins from Compass. They represented Ellen DeGeneres throughout the deal, showcasing their expertise in the Montecito market as representatives of Compass California.

Players

Eric Lavey

Sotheby's International Realty

Broker

$117.4M

vol

7 deals

Broker

Santa Barbara Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93