Ellen DeGeneres snaps up $2.9m Santa Barbara bungalow… a VERY modest contrast to her $49m estate

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Ellen DeGeneres has never been shy about spending big on real estate, picking up more than a few eight-figure properties through the years.

But the retiring talk show host, 63, recently picked up a much more modest home, snapping up a $2.9million house in Santa Barbara, not far from the 8.24 acre Montecito, California estate she and wife Portia de Rossi call home.

The 1700-square foot two-bedroom, two-bathroom hideaway is in a prime location, just a stones throw away from the Montecito Butterfly Beach and Santa Barbara’s Biltmore Hotel.

Pocket change! Ellen DeGeneres (above in 2018) has purchased a $2.9million bungalow in Santa Barbara, quite the modest purchase compared to the $49million Montecito estate she purchased last year

Pocket change! Ellen DeGeneres (above in 2018) has purchased a $2.9million bungalow in Santa Barbara, quite the modest purchase compared to the $49million Montecito estate she purchased last year

Location, location: The two-bedroom, two-bathroom hideaway is just a stones throw away from the Montecito Butterfly Beach and Santa Barbara's Biltmore Hotel

Location, location: The two-bedroom, two-bathroom hideaway is just a stones throw away from the Montecito Butterfly Beach and Santa Barbara’s Biltmore Hotel

The home welcomes visitors into a lush yard via a stone walkway.

A handsome sitting room with a fireplace sits adjacent to the entryway, offering tons of light through tall sliding glass doors.

Close by is a main bedroom with sliding glass doors that open to a roomy patio. It has an en suite bathroom with a large soaking tub and doors opening to a small rock garden overlooking a private courtyard.

The kitchen features a granite center island with burners, an oven and a bar top seating area along with state-of-the-art appliances and sleek mid-century style cupboards.

Out back is perfect for entertaining guests, boasting a water feature and fire pit on the patio. And there is enough room to add a guest house or pool, if Ellen intends on making upgrades. 

Lounge: Out back is perfect for entertaining guests, boasting a water feature and fire pit on the patio

Lounge: Out back is perfect for entertaining guests, boasting a water feature and fire pit on the patio

Make yourself at home: A handsome sitting room with a fireplace sits adjacent to the entryway, offering tons of light through tall sliding glass doors

Make yourself at home: A handsome sitting room with a fireplace sits adjacent to the entryway, offering tons of light through tall sliding glass doors

What's cooking? The kitchen features a granite center island with burners, an oven and a bar top seating area

What’s cooking? The kitchen features a granite center island with burners, an oven and a bar top seating area

Cozy: Close by is a main bedroom with sliding glass doors that open to a roomy patio

Cozy: Close by is a main bedroom with sliding glass doors that open to a roomy patio

The home, which was built in 1954 and has since undergone several renovations, is a perfect fit for the private sort, nestled behind noise-reducing acoustic fencing. 

The single-level abode is likely an investment for DeGeneres, who already has quite the impressive portfolio of properties.

Though this is the first home Ellen and Portia have acquired this year, last year the couple splurged on several spendy spots, according to Architectural Digest.

Last September they purchased a four-acre Montecito estate with multiple buildings, including a Tom Kundig–designed barn and a Cape Dutch–style main house, for $49million. 

She also recently repurchased another historic Montecito estate was sold in 2018.

Soak it up: The master bedroom has a large soaking tub and doors opening to a small rock garden

Soak it up: The master bedroom has a large soaking tub and doors opening to a small rock garden

Classic: The home was built in 1954 and has since undergone several renovations

Classic: The home was built in 1954 and has since undergone several renovations

Additions: There is enough room to add a guest house or pool, if Ellen intends on making upgrades

Additions: There is enough room to add a guest house or pool, if Ellen intends on making upgrades

Privacy please! The home is a perfect fit for the private sort, nestled behind noise-reducing acoustic fencing

Privacy please! The home is a perfect fit for the private sort, nestled behind noise-reducing acoustic fencing

The couple reportedly reside at a Balinese-style home nearby, which was purchased for $27million in 2019. 

And Ellen’s real estate adventures aren’t limited to the Santa Barbara area.

In May 2019 the star purchased a freshly renovated five-bedroom, 12-bathroom Beverly Hills mansion from fellow celebs Adam Levine and Behati Prinsloo.

They nabbed the Tudor-influenced home for $45million, only to offload the property for a reported $47million this March, according to Wall Street Journal.

Last month DeGeneres announced her daytime chat show would be coming to an end after 20 seasons, following accusations the production was fostering a toxic work environment. Kelly Clarkson is rumored to be taking the coveted afternoon timeslot.

Big spender! In May 2019 the star purchased a freshly renovated five-bedroom, 12-bathroom Beverly Hills mansion from fellow celebs Adam Levine and Behati Prinsloo for $45million, above. She reportedly went on to sell the spot for $47m

Big spender! In May 2019 the star purchased a freshly renovated five-bedroom, 12-bathroom Beverly Hills mansion from fellow celebs Adam Levine and Behati Prinsloo for $45million, above. She reportedly went on to sell the spot for $47m

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