Ellen DeGeneres Snags $18.6M Beach House in Santa Barbara County
Posted on: October 20, 2017, by : Amy Pecoraro

Ellen Degeneres

Kevork Djansezian/Getty Images

Serial real estate investor Ellen DeGeneres has plucked a luxurious oceanfront property out of foreclosure in Santa Barbara County for $18.6 million.

DeGeneres’ latest property acquisition is located on highly coveted Padaro Lane in Carpinteria, CA. It’s a “low-key but super-expensive street where several other celebrities also reside,” according to Yolanda. Neighbors include A-list couple Ashton Kutcher and Mila Kunis.

The 1.13-acre property comes with a recently remodeled 6,000-square-foot main house and a guesthouse.

Built in 1979, the four-bed, 4.5-bath main house features high ceilings and walls of glass. There’s also a motor court, tennis court, and plunge pool.

Records show the property had belonged to Robert F. Maguire III, a real estate developer who bought the property in 1997 for $3.15 million. The property went into foreclosure earlier this year, and Bank of America took ownership.

Beachfront setting
Beachfront setting


Living room
Living room


Exterior at dusk
Exterior at dusk


The assessed value of this parcel is a smidge over $20 million, which means DeGeneres found a bargain at $18.6 million.

DeGeneres and her wife, actress Portia de Rossi, are still trying to sell$45 million villa in Santa Barbara. That Tuscan-style estate is a 10-minute drive from DeGeneres’ latest acquisition, but we prefer the new place’s proximity to the beach.

The post Ellen DeGeneres Snags $18.6M Beach House in Santa Barbara County appeared first on Real Estate News & Insights | realtor.com®.

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