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Our Favorite Flippers: Ellen and Portia Are At It Again

Ellenportia_picsDid celebrities flip real estate back in the 1940s and 1950s? Who knows, but one of many themes of the recent housing boom has been the celebrity flipper (see Cox, Courtney).

Our personal favorites include Ellen Degeneres and Portia Di Rossi, for no real reason other than that we like them both. According to RealEstalker, which watches celebrity real estate dealings like a hawk, they are at it again:

"SELLER: Ellen Degeneres and Portia Di Rossi
LOCATION: Zorada Drive, Los Angeles, CA
PRICE: $2,300,000
SIZE: 2,755 square feet, 3 bedrooms, 2.75 bathrooms
DESCRIPTION: Classic 1956 post & beam. Exceptional mid-century modern home, constructed in a U-shape around a sun-drenched pool w mountain/city views."

Ellen & Portia backstory: "All the celebrity real estate nuts out there are well aware of the prolific buying and selling of this ... couple. Most recently they put their flaw-less weekend retreat in Montecito on the market for a blistering $24,000,000. Previous to that the couple had sold their ranch in the sticks of the Santa Ynez Valley, which is the same general vicinity of Michael Jackson's Neverland Ranch... And previous to that, Ellen sold off her compound of houses over on Woodrow Wilson Drive and Woodstock Road including a property called "The Treehouse" that was eventually purchased by actor Heath Ledger."

Photo Credit: www.realestalker.com

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Peter Viles
Peter Viles, senior producer for Real Estate at LATimes.com, has worked as a reporter for the Associated Press and CNN, and has written for portfolio.com. He lives on the Westside of Los Angeles with his wife, fashion designer Stacy Johnson, and their two children.

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