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, Californiaestate she and wife Portia de Rossi call home.Known for flipping homes, having bought and sold at least 20 properties, DeGeneres is said to have owned $450 million in houses over the past 17 years - which makes her most recent purchase all the more surprising.
Location, location:The two-bedroom, two-bathroom hideaway is just a stones throw away from the Montecito Butterfly Beach and Santa Barbara's Biltmore HotelDeGeneres.
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