The equestrian ranch owned by Ellen and Portia just sold for $10.85 million, which is $2.145 million under the asking price, but much closer to the original asking price. The couple put the home on the market for $10,995,000 in June, and then increased the price to $12,995,000 in August. Rumor has it that the increase in price was because all of the fabulous furniture, which they spent years collecting, would be included with the sale of the home.
The ranch is located in Thousand Oaks, CA, and includes eight farmhouse cottages, an art barn, a yoga pavilion, tree house, tennis court and more. It is in the heart of Hidden Valley, and sits on 27 wooded acres. For a detailed look at the home, check out this YouTube clip from Interior Pixels, and the listing photos on Redfin.com.
Ellen and Portia have been keeping their real estate agents busy this year. In August they sold a condo in Beverly Hills for $843,900, and in May they purchased a $26.5 million dollar mansion in Montecito.