Sunday, December 18, 2011

Weekend Wrap Up: Degeneres Purchases Pitt Property in Malibu

It's official.

Late last week the peeps at People revealed property mad chat show hostess Ellen Degeneres and her wife Portia di Rossi paid a hefty $12,000,000 and signed all the necessary deeds and documents to acquire a glassy, bluff-top Malibu (CA) residence owned by a-list actors and global do-gooders Brad Pitt and Angelina Jolie.

Told you so. And told you so again.

Mister Pitt picked up the property for $8,410,000 in March 2005 and, after quietly shopping the 1.26 acre ocean front estate off-market for around $18,000,000, officially listed the C-shaped contemporary in mid-August 2011 with a much lower asking price of $13,750,000.

Mister Pitt (and Miz Jolie) own a number of homes around the world including in Los Angeles' Los Feliz area, an ocean front compound near Santa Barbara, a mansion in New Orleans and a 1,000-ish acre spread in the south of France.

The Missus Degeneres and di Rossi own a horse ranch in upscale Hidden Valley area near Thousand Oaks (on the market earlier in the year for $16,500,000) and a colossal compound in the hills above Beverly Hills currently on the open market with a $49,000,000 price tag. 
listing photos: Coldwell Banker / Malibu West

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