Real Estate

Ellen DeGeneres, Portia de Rossi Sell Hidden Hills Ranch For $10.85 Million

After upping the price by $2 million, the couple sells their equestrian ranch closer to the original listing amount.
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Another month, another eight-figure real estate transaction for Ellen DeGeneres and Portia de Rossi. The power couple just sold their Thousand Oaks horse ranch for $10.85 million, according to real estate blog Red Fin.

The 26-acre estate, located in Hidden Hills, which was once home to actor William Powell, has also been a monastery, rehab center and horse facility. The couple bought the property in 2009 and undertook a massive overhaul of the ranch’s eight cabins that include an art barn, a yoga pavilion, tree house, tennis courts and plenty of horse stables and riding rings. The identity of the buyer is not known.

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Interior designers Jay Holman and Cliff Fong were enlisted to help in the renovation of the spaces, which included many iconic and collectible vintage pieces used to dramatic effect. The house was featured on the cover of the April 2013 issue of Elle Décor, and in June,  the massive compound was listed for $10,995,000. Two months later, they increased the price to $12,995,000, but ultimately the equestrian ranch sold for closer to the original listed amount, $2.145 million under the more recent asking price.

This transaction gets added to a considerable list of 2013 residential real estate deals for DeGeneres and de Rossi. In August they sold a Beverly Hills condo for $843,900 and four months earlier, they purchased a 13-acre, $26.5 million Montecito mansion, originally designed by architect Wallace Frost in 1928 and updated by decorator John Saladino in 2009.