Ellen DeGeneres profits $15million on House Flip

by Gary and Lisa Schoeffler on July 24, 2014

in Latest News

Many television shows on home networks feature shows about buying, flipping, and selling a house. Seeing an end product to a home you once owned or a home you knew could look way better is a hit all across the nation. It’s even popular among celebrities. Some of these celebrities include Ellen DeGeneres and wife Portia de Rossi. Before selling their home to Napster co-founder Sean Parker, Degeneres and deRossi bought the famous Brody House in Holmby Hills, one of the three most exclusive neighborhoods of Los Angeles, California. The couple originally bought this house in January of 2014 for about $40million. In just a few short months, the couple flipped the house from its original Modernist feel by upgrading and freshening up the feel of the home. The couple turned around and sold the home for a profit of about $15 million, selling it at about $50million.

The house had many beautiful features to offer its new owner. This 11,511 square foot home is located on 2.3 acres of land and has nine bedrooms and seven and a half bathrooms. The entryway leads to an outdoor atrium living space. Throughout the home, there are floor-to-ceiling glass windows that allow the light-filled nature of the home to coexist with the wonderfully landscaped exteriors. Of the nine bedrooms there is a family room, a study, dressing rooms for her occupying the whole second floor, staff rooms, etc. In the exterior, the rose garden make the home have a park-like feel. To add to the majestic size of this home, there is a pool, a one bedroom guesthouse, and a championship lighted tennis court. No wonder $50 million bought this castle like home!

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Post by Gary and Lisa Schoeffler

Gary and Lisa Schoeffler are Ventura Real Estate Professionals specializing in residential real estate. Their expertise in helping both buyers and sellers is widely recognized in Ventura County. How can they assist you today? Wondering what the market is like? Call them, they will be happy to talk with you about it. 805-320-4472

Gary and Lisa has written 371 articles.

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