Ellen and Portia Sell Thousand Oaks Ranch

By: Neal J. Leitereg

Ellen DeGeneres and Portia de Rossi have sold their dreamy ranch in Thousand Oaks, CA. After showing a status of “looking for backup“ for the better part of a month, the Ventura County property has officially closed escrow.

DeGeneres and de Rossi bought the 26-acre property outside of Malibu in 2009 for $8.5 million and needed just one year to transform the rustic ranch into a Hidden Valley wonderland. From rural farmhouse to farm chic, the stylish ranch compound features eight contemporary cottages to go with luxe amenities that include a yoga pavilion, an art barn, a “romantic barn” and a tree house. The property also sports state-of-the-art equestrian facilities, including six double-sized stables, a dressage arena, turnouts, a hay barn and a tack room.

The celebrity ranch originally came to market 2011 for $16.5 million, where it spent nine months before being pulled. It returned to the market in July with a price tag of $10.995 million and received a price increase of $2 million in August. DeGeneres and de Rossi reportedly sold the 8-bedroom, 11-bathroom compound for $10.85 million, or $5.65 million less than the original asking price.

The sale is just the latest transaction by DeGeneres and de Rossi, who have provided plenty of real estate headline fodder over the years. The pair made a big splash in late 2011 when they quietly listed their Beverly Hills compound for a whopping $49 million and later sold that property to “American Idol” host Ryan Seacrest for $37 million. In March, the couple picked up Ellen’s next project, shelling out a reported $26.5 million for a 13-acre, Tuscan-style estate in Montecito.

Suzanne Perkins and Patrick Martin of Sotheby’s International Realty handled the listing.