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Ellen DeGeneres And Portia De Rossi Purchase Montecito Estate From Brian Grazer For $27.4M
SOLD
National
See Similar DealsSingle Family
Sold 01/12/2026
Summary
Asset Type:Single Family
Transaction Type:Sale
A Montecito, California estate has been sold in an off-market transaction for $27.4 million. This single-family home change reflects a premium asset in a highly sought-after location, though specific details about the square footage and exact address have not been disclosed.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $27,400,000
- Buyer: Ellen DeGeneres & Portia de Rossi
- Seller: Brian Grazer
- Date of Transaction: Late November 2025
- Market: Montecito
Ellen DeGeneres and Portia de Rossi's acquisition marks their first major U.S. property purchase following their relocation to England. The estate purchase was finalized through a long-held trust owned by the buyers, while their primary residence in the UK remains listed for sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,461,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$97,346.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$129,889.98
Annual Debt Service$1,558,679.75
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