×

Ellen DeGeneres Sells Hollywood Hills House in Off-Market Deal

SELLERS: Ellen DeGeneres and Portia Di Rossi DeGeneres
BUYERS: Barry and Sheryl Schwartz
LOCATION: Los Angeles, CA
PRICE: $9,900,000
SIZE: (approx.) 4,000 square feet, 5 bedrooms, 3 bathrooms

YOUR MAMA’S NOTES:

Ellen DeGeneres and Portia de Rossi, two of Hollywood’s most prolific buyers and sellers of multimillion dollar homes across Southern California, have quietly sold a house in the Hollywood Hills in a covert off-market deal for $9.9 million. The buyer, as we first heard from impeccably plugged in real estate yenta Yolanda Yakketyyak and later confirmed with property records, is a corporate entity linked to retail fashion businessman, thoroughbred racing aficionado, and dedicated philatelist Barry Schwartz, a man otherwise and probably best known as Calvin Klein’s childhood friend and long-time business partner.

The design savvy daytime chat fest queen acquired the property in November 2014 for $8.75 million — she later leased it to pop star and actor Nick Jonas — but avid celebrity real estate watchers will recall this was actually and somewhat curiously not the first but the second time the house-mad comedian bought the property. The first time was in late 2005 when she snapped it up for undisclosed amount that we’ve heard but cannot confirm was in the neighborhood of $6.5 million. As is typical for Miz DeGeneres, she didn’t hang on to the house for very long and sold it in September 2007 along with a smaller neighboring residence she also owned for a total of $10 million to Allison Milgard, philanthropic heiress to a Washington State window fortune.

The low-slung 1950s ranch style residence, rebuilt and redesigned in the early 2000s by innovative architecture firm Marmol Radziner, measures in at about around 4,000-square feet with panoramic canyon and city views. The house sits behind gates on private knoll of 1.63 acres near the top of Nichols Canyon and, according to our research, features an 1,100-square-foot great room plus 4 bedrooms and 3.5 bathrooms that include a 900-plus-square-foot master suite. Pennsylvania bluestone flooring runs throughout and then right on out of the house where it’s used for more than 2,500-square-feet of terracing that surrounds a swimming pool and spa.

Since the late 1970s Mister Schwartz and his wife Sheryl have owned and for the last decade or so made their primary home at Stonewall Farms, a sprawling, 750-acre equestrian estate north of New York City in the Granite Springs area of picturesquely pastoral and prodigiously prosperous Westchester County. Said to be the largest privately owned property in Westchester County besides the fabled Rockefeller estate in Pocantico Hills, the Schwartzes’ spread is anchored by an elegant, custom-built mansion of approximately 26,000-square-feet that, according to a glowing article in the glossy pages of Architectural Digest in 2005, has a total of 30 rooms and 13 bathrooms plus 10-inch thick walls, “super-wide pine plank” floorboards, a slate roof reclaimed from the Yale Divinity School, and a 60-foot long indoor swimming pool complete with stone fireplace and vintage French chandeliers. The Schwartzes purchase of a Los Angeles home is not their first foray into the high-end West Coast real estate scene and comes less than two years after property records indicate they coughed up $12.5 million for an ocean-front property on a coveted stretch of beach in Carpinteria, California. Last year, according documentation we turned up online, the Schwartzes received permission from the County of Santa Barbara to raze all the existing structures on the property — a modest cottage and several small accessory structures — to make way for a brand new residence of 7,980-square-feet plus a detached garage with 480-square-feet of additional living space above.

As for the tirelessly peripatetic de Rossi-DeGenereses, their perpetually in-flux property portfolio currently contains: a 1960s contemporary privately positioned at the end of a gated drive in a particularly prime pocket of Beverly Hills they scooped up in a hush-hush off-market deal in late 2014 for $15.995 million; two adjacent condominiums that overlook the L.A. Country Club along the Wilshire Corridor near Westwood they snapped up in July 2014 for a combined $16,000,000; and a 17-acre estate with a 10,522-square-foot Tuscan villa on the fancy-pants border between Santa Barbara and Montecito they picked up in May 2013 for $26.5 million.

Aerial image: Google

More Dirt

  • Jesse Jo Stark House

    Jesse Jo Stark Pays $10.6 Million for Brad Falchuk's Brentwood Cottage

    When Brad Falchuk — the “American Horror Story” executive producer, “Glee” co-creator, and Gwyneth Paltrow’s new husband — put his celebrity-pedigreed Brentwood Park home on the market for exactly $10 million, property gossips went bananas and qualified buyers flocked to the relatively modest residence. The farmhouse-inspired house subsequently sold in just one month for a whopping [...]

  • Cedric Nicolas-Troyan Lists Sherman Oaks Home

    French Director Cedric Nicolas-Troyan Selling Sherman Oaks Home

    French filmmaker Cedric Nicolas-Troyan, an accomplished visual effects artist-turned-film director who made his directorial debut with the 2016 sequel “The Huntsman: Winter’s War” — a box office disappointment in an otherwise blockbuster franchise — has his mid-century-era home in the affluent foothills above L.A.’s Sherman Oaks up for sale at close to $1.75 million. Slated [...]

  • Randy Travis Selling Nashville Condo

    Randy Travis Says 'Amen' to Condo in Nashville

    Multiplatinum-selling country music mandarin Randy Travis, who rarely performs publicly after a 2013 illness and stroke, has sold a house-sized condominium in the upscale Belle Meade area of ​​Nashville for $545,000, just shy of its $550,000 asking price. The seven-time Grammy winner and 2016 inductee to the Country Music Hall of Fame acquired the top-floor [...]

  • Jho Low House

    Jho Low's Gutted Hollywood Hills Mansion Lists at $15 Million Loss

    Way back in November 2012, as the global economy gingerly emerged from a long recession, an enormous Hollywood Hills estate sold for $39 million. That unprecedented sale price shocked all real estate observers and sparked an avalanche of gold-digging developers to build and market their own “trophy” modern mansions in the hills. Very soon, the [...]

  • Michael Gross WeWork House

    WeWork's Michael Gross Nabs $28 Million Brentwood Estate

    As the We Company — better known as WeWork — mulls a widely rumored IPO, pundits continue to debate the $47 billion mega-unicorn’s longterm financial viability. The currently unprofitable, Manhattan-based co-working space behemoth is looking to raise $4 billion in debt financing this year and has already raked in $8.4 billion from confident investors, though [...]

  • Kenya Barris House

    Kenya Barris Falls for Modern Encino Showstopper

    Prices in the once-unfashionable-yet-now-seriously-swank San Fernando Valley community of Encino continue to skyrocket, just as the local buyer crop continues to trend younger and more diverse. As such, developers of new Encino spec-homes have shifted their efforts to woo moneyed home shoppers into full throttle, flooding their party-ready mansion developments with every expensive tech gizmo [...]

  • KT Tunstall House

    Singer/Songwriter KT Tunstall Cuts Price on Venice Bungalow

    Scottish musician and singer/songwriter KT Tunstall, who rose to radio fame and a 2007 Grammy nomination for her vocal performance of the single “Black Horse and the Cherry Tree” from with her debut album “Eye to the Telescope,” has re-listed a charming bungalow in the trendy heart of Venice, Calif., at $2.775 million. Tunstall, whose [...]

More From Our Brands

Access exclusive content