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Montecito, CA, USA

Updated Dec 21, 2023

Bilt advertisement
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

16,668 SF

Asset Type

Single Family Residence

Closing

Jan 28, 2019

About this deal

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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Deal FAQ

Ellen DeGeneres bought a home in Santa Barbara for $27M in 2019. The full closing is on this page.

About $294 per square foot on a published $27M for 91,639 square feet (2019).

Visit Robert Riskin to view all their deals.

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

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