Ellen Degeneres Dances Her Way to Real Estate Riches

By Mark David of The Real Estalker (Subscribe to Mark David's posts)
Nov 6th 2009 3:30PM

Categories: Celebs

Ellen Degeneres and Portia de Rossi have bought each other horses as gifts. Photo: Getty Images

No doubt about it, talk show titan Ellen Degeneres is a serious real estate baller who buys and sells pricey properties like she's playing with Monopoly money. But baby, all that moo-lah is real, real, real.

In late 2007 the prolific property purchaser forked over a toe curling $29 million and change for "Will & Grace" co-creator Max Mutchnick's mansion in Beverly Hills, California, where she and actress Portia de Rossi were married in August of 2008.

Then she dumped well over $10 million buying up three of the surrounding properties and now, because one insanely expensive estate is never enough for this real estate addict, she shelled out many millions more to snatch up a horse ranch in the boonies outside Westlake Village, California.

http://xml.channel.aol.com/xmlpublisher/fetch.v2.xml?option=expand_relative_urls&dataUrlNodes=uiConfig,feedConfig,localizationConfig,entry&id=767992&pid=767991&uts=1257534245

http://www.aolcdn.com/ke/media_gallery/v1/ke_media_gallery_wrapper.swf

Ellen Buys California Horse Ranch

Although Ellen has many times mentioned on her daytime gabfest that she and Portia bought a ranch over the summer, the couple's latest real estate acquisition has yet to be reported in any of the many celebrity real estate columns and blogs, even though property records reveal the deal was done way back in June of 2009. Ellen, being the power player that she is, managed to have the purchase price scrubbed from public records but listing information dug up on the internet shows the property was last listed with an asking price of $10,000,000.

www.propertypreviews.com

The property, originally part of a much larger equestrian facility, was used as the quarantine site for the 2000 Olympics. It's where horses brought in from foreign lands were kept and tested for any diseases or issues that could compromise the health of the other horses brought in for the games.

www.propertypreviews.com

Surrounded by oak-dotted sandstone mountains and kissed by cool breezes that sweep over from the Pacific Ocean, the bucolic 26+ acre estate on hoity toity Hidden Valley Road is a fully equipped equestrian facility with plenty of pastures and paddocks, stables and a riding ring.

www.propertypreviews.com

According to listing information, the sprawling property has numerous residences including a single story, 10-room Spanish hacienda style main house that measures 6,329 square feet and includes 5 bedrooms and 5 bathrooms. In addition to the main house, there are several other residences, staff quarters and garaging for 4 cars.

www.propertypreviews.com

This is not the first ranch property Ellen has owned. In May of 2005, not long after the A-list lesbians coupled up, they bought a 119-acre ranch on Armour Ranch Road in the Santa Ynez Valley which they've since sold. Ellen gave Portia a gray gelding named Jones and Portia gave Ellen a quarter horse named Puff, both of which are probably now housed in the deluxe stable complex of their new ranch in the wilds outside Westlake Village, CA.

www.propertypreviews.com

Comments (31)

Reader Comments (Page 1 of 2)

Connie 11-07-2009 @ 2:29PM

Well, if she is good enough to make all that money, she is good enough to spend it on what she wants. Better than letting property go--- unkept in this day and age. Go Girl.

Mr. Happy 11-09-2009 @ 3:48AM

Connie is a moron big-time!

sheila 11-07-2009 @ 2:59PM

why is this "news"?

Diane 11-07-2009 @ 3:02PM

Oh how nice!! What a dream come true!! As horse owners and rescued pets owners we can only dream of having our own place big enough to really help even more animals!! WTG!! Ellen and Portia!! Hope you'll have many happy memories in your new home!!

donna 11-07-2009 @ 3:33PM

I am with you lobster lover. this woman has gone through enough and deserves everything in her life. the woman cannot be anymore compassionate then she is and is loved by many . Any other comment would definitely be offensive.

alice 11-07-2009 @ 3:09PM

Ellen Please look at Nicholas Cage and be guided by his mistakes

ccrider 11-07-2009 @ 4:06PM

AS for Ellen you go girl.....anyone who can put a smile on anyone's face in today's times is worth her HER WEIGHT in gold !!! Ellen has entertained me for yrs....I never bore of her and her Karma are BIG....threw her I have come to understand they gay life better and it made me a better person....I just did not get it!!! She can make you feel great in a way no one can...I love her generousity,quick wit and sense of fair play....may she just roll in the dough.....

MaryLou Michelin 11-07-2009 @ 4:26PM

Where are the boonies outside of Westlake? Ellen you should have bought Steve McQueens place in Filmore. You go girl!

Karine 11-07-2009 @ 4:46PM

No doubt these Hollywood celebs have their own special disease. Its called the disease of MORE.....

Kat Thomas 11-07-2009 @ 5:18PM

Kat again, forgot one more thing today is my daughters birthday, I can't afford a $10.00 gift, but every talks about your not1, not 2, but 3rd million dollar home. Makes me wonder, what about you!

Lynn 11-07-2009 @ 5:53PM

You know 10M could help out alot of families pay off their mortgages!

roan 11-07-2009 @ 6:12PM

Yeah..I hear people make comments like "10 Million could pay off a lot of people's mortgages," and, "I can't buy my daughter a $10.00 gift." Neither can I, by the way.

But, it's not Ellen's job to support the world. She paid her dues, she took her slaps in the face, and she came out swinging, and she has, thus far, won the game.

It's not her fault if we're barely scraping by, and hanging on tooth and nail. Not her fault, and not her job to bail us out.

Wanna do better? Go back to school. Get a Pell Grant. Get a Student Loan. Get a better education. Got an education, but the field doesn't exist, doesn't pay, or isn't hiring? Get another one.

Scrape, fight, scratch, bleed, climb, cry, and climb some more -

But don't blame Ellen because you're not rich!