Late last week Your Mama discussed the 26-acre equestrian extravaganza in Thousand Oaks, CA that chat show host Ellen Degeneres and her actress wife Portia de Rossi have on the market with an asking price of $16,500,000.
Celebrity real estate gossips and watchers know the horsey spread in Thousand Oaks isn’t the only posh property in the Los Angeles area the Missus Degeneres and de Rossi own but want to unload from their property portfolio. Rumors started to slip and slide down the celebrity real estate gossip grapevine in early 2011 that the couple desired to divest themselves of the deluxe Beverly Hills, CA compound they’ve spent many tens of millions of dollars amassing and customizing.
In the fall of 2007 the property mad pair coughed up an almost unbelievable $29,000,000 for the main portion of the compound, which they bought from residuals rich Will & Grace co-creator Max Mutchnick. A few months later the compound loving ladies shelled out an additional $8,500,000 for the property next door that they razed and replaced with a serene, watery garden with long views down the rugged, mansion-dotted canyons and over the twinkling lights of Lala Land.
The following June the real estate flip-floppers spent $5,000,000 for an adjacent fixer upper and just a month later they shelled out another $5,500,000 for a hillside house with oblique views into the backyard of the main house. Altogether, according to our ever-present bejeweled abacus, the Missus Degeneres and de Rossi dumped an astonishing forty-eight million clams for the various properties that comprise the compound, not counting renovation and customization costs.
In late May (2011), the swankety-swank Degenere–de Rossi compound finally hit the open market with an undisclosed price that several sources swear was $60,000,000 for the entire multi-parcel, multi-residence compound. A few weeks ago, amid rumors that Formula One Racing heiress Tamara Ecclestone rejected the compound as not grand enough for her grandiose real estate tastes, the property disappeared from the listing agent’s website.
Lo and behold, yesterday the couple’s compound popped back up on the market with an official asking price of $49,000,000.
New listing information shows the compound contains a total of 9 bedrooms and 11 bathrooms spread throughout a sprawling single-story a main house, a detached guest house tucked into the hillside at the front of the house and and guest/staff apartment, fitness facility and underground parking garage tucked discretely underneath the swimming pool with its adjacent pavilion. The compound includes an additional and separate 3 bedroom house for staff, security, extended family, or whatever.
Listing information goes on to reveal there are more than half a dozen fireplaces on the property, lavishly landscaped grounds that include a meandering pond and grassy back yard with infinity-edged swimming pool and spa, and state-of-the-art security systems.
Certainly the Missus D. and de R. sit high on a mountain of money that would make the knees of ordinary rich people turn to jelly with envy and Your Mama needs a god damn nerve pill to smooth out the bitter agita caused by the financial flabbergast that overwhelms us when we consider the the monetary resources it takes just to pay the taxes and upkeep costs for their high-maintenance Beverly Hills compound as well as their Thousand Oaks horse farm.
It not known where Miz Degeneres and Miz de Rossi would like to reside next but Your Mama has heard–but can not confirm–from someone in a position to know such matters that the couple would like to simplify their real estate lives with the acquisition of an in-town estate/ranchette where they can both live and house their horses. We shall see, puppies, we shall see.
listing photos: Westside Estate Agency