Ellen and Portia Increase Price of Thousand Oaks Ranch by $2M

Ellen and Portia RanchAfter only two weeks on the market, Ellen and Portia just increased the price of their equestrian estate by $2 million dollars, from $10.995 million to $12.995 million! It’s definitely not the first time the property has had a price change, but in the past the price has gone down. The couple tried listing it in 2011 for $14.9 million, but pulled it off the market when it didn’t sell.

Perhaps the still-strong real estate market has encouraged the couple to increase the price and keep trying. The 26 acre ranch is located in Thousand Oaks, CA and includes eight farmhouse cottages, horse barns, stalls, trails, and a tennis court, among many features.

The estate was featured in Elle Décor in April. In the article Ellen shed a little light on why she and Portia own so many homes. “I can only change the furniture so much and I get bored,” DeGeneres said. “Then I need a new structure to work on.” It’s clear that buying homes to decorate is a passion of theirs. Ellen and Portia have bought and sold several homes over the past year, including a $26.5 million dollar Montecito mansion they purchased in May, and a penthouse in Beverly Hills that’s about to sell for around $899,000.

For more information on Ellen and Portia’s ranch, including all the gorgeous photos, check out the listing on Redfin.com. To see a video of the property, check out this YouTube clip from Interior Pixels.

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