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Even in Hollywood circles, $ 49 million is a hefty chunk of change to put down on a home. But for uber-producer, television host and radio personality Ryan Seacrest, Ellen DeGeneres’ and Portia de Rossi’s custom and very private estate, pictured above, was worth it.
DeGeneres and de Rossi listed it as a pocket listing through the Westside Estate Agency in October 2011 and bought their own new place, Brad Pitt’s former Malibu bachelor pad, for $ 12 million in December 2011. And although DeGeneres earns a whopping $ 45 million a year, even she may have been feeling the pressure of having a home linger on the market.
What accounts for the hefty price tag? Beverly Hills real estate comes at a huge premium. According to property records, DeGeneres bought the home for $ 27,000,270 in September 2007. Shortly after, she bought the neighboring parcel to add to the estate, creating a property that takes up nearly a full city block. Add in the gated drive leading to the mid-century modern house, high-end security, a pool, tennis court and guest houses: It’s easy to see how the value of the property escalates.
Seacrest is paying a ton, and he can afford it, but at least he’s also getting a slew of custom interior features like multiple private home offices, a mediation room, personal gym, lap pool, enormous shoe closets — all serving to boost the home’s appeal.
Despite the custom design, DeGeneres is known for hopping houses. When Architectural Digest featured the home, she revealed that her family always rented growing up and since then, she’s had an affinity for buying homes, designing them and then moving on to the next one.
Whether Seacrest will follow suit remains to be seen. With a new gig at NBC and continued earning power as Hollywood’s A-list host and American Idol frontman, he’s earned the right to plunk down his millions on one of Los Angeles’ priciest celebrity homes.