Ellen DeGeneres buys back historic Montecito ranch for $14.3 million after announcing end to talk show
Real Estate
Ellen DeGeneres is once again the owner of a sprawling six-acre ranch in Montecito, California, after offloading the property just three years ago. As the Hollywood Reporter notes, the longtime host and her wife, Portia de Rossi, bought the historic property, dubbed Rancho San Leandro, in September 2017 for $7.2 million. The celebrity couple and prolific real estate moguls then flipped the ranch less than a year later in May 2018 for $11 million, making a very hefty profit. Ellen and Portia
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