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Celebrity Real Estate

Ellen DeGeneres and Portia de Rossi looking to flip this $24m California oceanside estate

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Variety is reporting: “Ellen DeGeneres and Portia de Rossi, two of Hollywood’s most prolific ultra high-end house flippers, have put their oceanfront estate in Carpinteria, Calif., up for sale at $24 million, a 29% increase above the $18.6 million the property-mad couple paid for the one-plus acre spread not even two years ago. Long owned by prominent L.A. developer Robert F. Maguire III but seized in foreclosure and purchased by DeGeneres and de Rossi from the bank, the property is co-listed with Compass broker Suzanne Perkins and Riskin Partners Group at Village Properties.”

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