Ellen DeGeneres Pays $49M for Dennis Miller’s Compound in Broiling-Hot Montecito

Published: December 10, 2020 | By: American Luxury Staff

Last month, comedian and political commentator Dennis Miller and his wife Carolyn Espley-Miller sold their sizable estate in Montecito for $49 million. According to the Wall Street Journal, the buyers were Montecito-loving duo Ellen DeGeneres and Portia de Rossi, who closed the deal with cash.

The Miller estate features a Dutch mansion on a 4.3-acre lot. The property was a labor of love for the couple, who spent about a decade designing and building it; the result is an escapist destination. There are five buildings on the estate, including a 9,000 sq. ft. main house and a guest house.

A few weeks later, DeGeneres and de Rossi’s investment coffers were refilled following the sale of their custom Balinese contemporary in Montecito. That property sold for $33 million against the couple’s $27 million purchase price.

The Millers, too, are familiar to Santa Barbara County living. In 2015, they sold their beach house in the area for $19 million.

 

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13059 December 10, 2020 Real Estate December 10, 2020