Ellen DeGeneres And Portia De Rossi Purchase Montecito Estate From Brian Grazer For $27.4M
$27,400,000
Building Size
—
Asset Type
Single Family
Closing
Jan 12, 2026
AI
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.
Players
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.58%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93