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Ellen DeGeneres pays $14.3M to buy back historic Montecito estate she sold in 2018 for $11M
She made a quick killing when she flipped a historic estate in Montecito, California, in 2018.And now Ellen DeGeneres has paid top dollar to buy back the Rancho San Leandro.The daytime chat show host first purchased the property in 2017 for $7.2 million then sold it on to Tinder founder Sean Rad for $11 million.Rad listed it for sale again a year later but had no takers, but has now found a buyer in the estate's previous owner, THR.comreported Monday.But, with post-pandemic real estate skyrocketing in price in Southern California, DeGeneres' decision she wants the property back has cost her double what she originally paid for it.
