Ellen DeGeneres quietly flips a Midcentury gem for $8.8 million

Lower than a yr after shopping for a Midcentury house in Beverly Crest for $8.5 million, prolific house-flippers Ellen DeGeneres and Portia de Rossi have bought the place in an off-market deal for $8.757 million.

The $257,000 revenue margin is a bit slimmer than their regular initiatives. They made $6.3 million flipping a Montecito compound for $33.3 million in 2020, and final yr, they earned a fast $4.5 million by promoting a Beverly Hills mansion for $47 million.

Tucked away in Hidden Valley Estates, the Midcentury gem has been tied to some notable names over time. It was inbuilt 1961 by L.A. architect Robert Skinner, and the stylish post-and-beam design was later featured in Julius Schulman’s ebook “Modernism Rediscovered.” In 2021, DeGeneres and de Rossi purchased it from expertise agent Greg Cavic.

A Midcentury by and thru, the single-story house gives a backyard courtyard entry, lengthy sky-lit hallways and a handful of dwelling areas marked by wooden and glass. A current renovation from architect John Bertram and designer Sarah Shetter introduced in Douglas fir furnishings, terrazzo flooring and redwood accents.

The three,500-square-foot flooring plan additionally holds 4 bedrooms and 5 loos, together with a major suite with a free-standing fire. It opens straight exterior, the place a eating patio results in a fireplace pit, swimming pool and bar.

DeGeneres, 64, has received a number of Emmys for “The Ellen DeGeneres Present,” which premiered in 2003. She’s additionally hosted the Grammys, the Academy Awards and the NBC sport present “Ellen’s Recreation of Video games.”

De Rossi, 49, has appeared on the authorized drama “Ally McBeal” and the sitcoms “Arrested Growth” and “Higher Off Ted.” Extra not too long ago, she performed Chairwoman Elizabeth North on the ABC present “Scandal.”