Ellen and Portia purchase Montecito estate

By psaraca • May 25th, 2013

The word is out that Ellen DeGeneres and Portia de Rossi have purchased another home in Montecito. Ellen sold a property she owned here several years ago and undoubtedly missed her treks from LA up to our wonderful beach side community. Ellen purportedly paid $26,500,000 for the estate which includes 13 private acres of incredible gardens and ocean & mountain vistas as well as a restored 1920’s stone villa of approximately 10,000 sf. This estate was extensively renovated by the renowned designer John Saladino. John was so enamored with the villa that he even wrote a book about it. This estate is truly one of the finest in the Montecito and Santa Barbara area. Interestingly, John just sold it last year for $16,500,000! Yes, the real estate market in Montecito has turned and prices are appreciating again. If you are looking to sell or buy a home in Montecito or the Santa Barbara area please contact us at 805-560-9951 or patsaraca@gmail.com. To view properties currently for sale in Montecito click hereMemorial DaySaladino Villa!  Roxy says have a safe Memorial Day weekend!     

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