Ellen DeGeneres and Portia De Rossis New Mansion (House of the Day)

Filed under: News, Celebrity Homes, House of the DayBy Erika RiggsEllen DeGeneres is well-known for her sticky trigger finger when it comes to real estate. The comedian and daytime television host goes through properties the way others go through designer shoes -- listing or buying a new property nearly every year.So its no surprise to hear a report from TMZ that DeGeneres, along with wife Portia de Rossi, picked up a new property in Montecito, Calif., for $26.5 million -- a gorgeous, bluff-front estate called the Saladino Villa. (UPDATE: 10:26 a.m.by AOL Real Estate, The Huffington Post reports that the property, though listed as in Montecito, is shown on records as having a Santa Barbara address.) Although DeGeneres likes to pick up "projects," admitting to Elle Decor recently that shes always ready to move, this home looks pretty move-in ready."Indeed, theres nothing the television star and comedian loves more than designing a house," the article stated, and quoted Los Angeles designer Cliff Fong, who quipped: "Ellen has moved more times than any person I know."Although the home boasts everything "streamlined and modern for easy living," expect an overhaul of the 1928 home from DeGeneres.Designed by architect Wallace Frost, the home was redone by designer John Saladino around 2009. Offering six bedrooms, nine fireplaces and seven baths, the home sits on 13 acres with ocean views. The two-parcel property is, of course, incredibly private, with luscious landscaping and gracious indoor and outdoor living areas.Now that DeGeneres and De Rossi have a new "project" on their hands, will they dump their enormous horse ranch? While it seems that DeGeneres wouldnt mind listing, its De Rossi, an avid horseback rider, who likely wants to keep the property. But with a feature in Elle Decor, the home may end up on the market regardless. Besides, this new home in Montecito does have room for stables and barns.%Gallery-189154%See More on Zillow:Ellen and Portia Sell Malibu Home a Year After BuyingDrew Barrymore Lists in MontecitoKaty Perry Buys Mid-Century in Hollywood HillsMore on AOL Real Estate:Find out how to calculate mortgage payments.Find homes for sale in your area.Find foreclosures in your area. See celebrity real estate.Follow us on Twitter at @AOLRealEstate or connect with AOL Real Estate on Facebook. #fivemin-widget-blogsmith-image-736884{display:none;} .cke_show_borders #fivemin-widget-blogsmith-image-736884, #postcontentcontainer #fivemin-widget-blogsmith-image-736884{width:570px;height:411px;display:block;}try{document.getElementById("fivemin-widget-blogsmith-image-736884").style.display="none";}catch(e){} Permalink | Email this | Commentshttp://realestate.aol.com/blog/2013/05/23/ellen-degeneres-portia-derossi-home/ @ uwad.com