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Ellen DeGeneres & Portia De Rossi Sell Montecito Single Family Home For $5.2M With Representatives

Property Image
SOLD
$5,200,000
+ 1

California

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Single Family1,691 SF
Sold 03/20/2025
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Property Image
SOLD

Ellen DeGeneres & Portia De Rossi Sell Montecito Single Family Home For $5.2M With Representatives

Single Family1,691 SF
Sold 03/20/2025
+ 1
Contact now

Summary

Asset Type:Single Family
Price Per Square Foot:$3,075
Total Square Footage:1,691 SF
Transaction Type:Sale

The property involved in this transaction is a Single Family residence located at 1134 Hill Road in Montecito. The transaction was completed at a price of $5,200,000.00, and the property encompasses a total square footage of 1691.0.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $5,200,000.00
  • Address: 1134 Hill Road
  • Market: Montecito
  • Square Footage: 1691.0
  • Buyer: Ellen DeGeneres & Portia de Rossi
  • Buyer's Representative: Mark Bacino (Keller Williams Realty)
  • Seller's Representative: Robert Riskin

This transaction involved notable individuals in the entertainment industry, with Ellen DeGeneres and Portia de Rossi as the sellers. The deal was represented for the buyer by Mark Bacino from Keller Williams Realty, while Robert Riskin represented the seller in this transaction.

Players

4 deals$86.9M volume
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Details

SOLD
IMAGE: Mark Bacino, Ellen DeGeneres, Portia de Rossi & Robert Riskin DATE: 03/20/2025 ADDRESS: 1134 Hill Road MARKET: Montecito ASSET TYPE: Single Family ~ ACRES: 0.44 SELLER: Ellen DeGeneres (@EllenDeGeneres) & Portia de Rossi (@PortiadeRossi) BUYER'S REP: Mark Bacino - Keller Williams Realty SELLER'S REP: Robert Riskin (@RiskinRio) - Riskin Partners Group (@RiskinPartners) - Village Properties (@VillagePropertiesRealEstate) SALE PRICE: $5,200,000 SF: 1,691 ~ PPSF: $3,075 NOTE: Ellen DeGeneres and Portia de Rossi sold their Montecito beach bungalow for $5.2M, surpassing its $4.995M asking price just 10 days after listing. The 1,691 SF home, bought for $2.9M in 2020, is part of their real estate sell-off as they relocate to the UK.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$277,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,474.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,650.65
Annual Debt Service$295,807.83