Ellen DeGeneres and wife Portia de Rossi enjoy casual stroll in Montecito

They made a multi-million dollar profit on the sale of their Beverly Hills mansion.

And on Sunday, Ellen DeGeneres and wife Portia de Rossi were spotted enjoying a low key afternoon in Montecito, a neighborhood in Santa Barbara.

The 63-year-old daytime host and the actress, 48, held hands as they stepped out for some fresh air. 

Cute: They made a multi-million dollar profit on the sale of their Beverly Hills mansion. And on Sunday, Ellen DeGeneres and wife Portia de Rossi were spotted enjoying a low key afternoon in Montecito, a neighborhood in Santa Barbara

Ellen rocked green trousers with a blue blouse, adding sneakers and a face mask.

Portia donned a T-shirt with a brown skirt, adding a blue denim jacket, a face mask, sunglasses with her tresses loose around her.

The star and her actress wife sold the 10,000 square foot space for ‘roughly $47million’, according to The Wall Street Journal.

In March the talk show host listed the estate through luxury real estate agent Kurt Rappaport for quite a bit more – $53.5million – two years after purchasing it from The Voice’s Adam Levine.

Sunday stroll: The 63-year-old daytime host and the actress, 48, held hands as they stepped out for some fresh air

Sunday stroll: The 63-year-old daytime host and the actress, 48, held hands as they stepped out for some fresh air

Staying close: Ellen rocked green trousers with a blue blouse, adding sneakers and a face mask. Portia donned a T-shirt with a brown skirt, adding a blue denim jacket, a face mask, sunglasses with her tresses loose around her

Staying close: Ellen rocked green trousers with a blue blouse, adding sneakers and a face mask. Portia donned a T-shirt with a brown skirt, adding a blue denim jacket, a face mask, sunglasses with her tresses loose around her

A source familiar with the deal confirmed to WSJ that Ellen and Portia closed on the sale of the home at around $47million – nearly six million less than their original asking price.

The identity of the lucky buyer of the spectacular property is being kept under wraps at this time.  

According to the Westside Estate Agency, where the home was listed, Ellen and Portia ‘completely renovated’ the jaw-dropping home in 2020.  

Turning a profit: Ellen and Portia unloaded their Beverly Hills mansion for 'roughly $47million,' according to The Wall Street Journal - after listing it in March for $53.5million

Turning a profit: Ellen and Portia unloaded their Beverly Hills mansion for ‘roughly $47million,’ according to The Wall Street Journal – after listing it in March for $53.5million

Mansion: A source familiar with the deal confirmed to WSJ that Ellen and Portia closed on the sale of the home at around $47million - nearly six million less than their original asking price.

Mansion: A source familiar with the deal confirmed to WSJ that Ellen and Portia closed on the sale of the home at around $47million – nearly six million less than their original asking price.

Ellen and Portia bought the property from Adam Levine and his supermodel wife Behati Prinsloo just two years ago for $45million.

The Voice coach had reportedly got the property himself just a year prior, in March 2018, from Will and Grace creator Max Mutchnick for $35.5million.

Adam and Behati then purchased Ben Affleck and Jennifer Garner’s former home in the Pacific Palisades for $32million, with Rappaport also representing the musician.

The luxury home hot potato is very common in Los Angeles and, in particular, Ellen and Portia have made a hobby of flipping high end real estate. 

Ellen reportedly lost one million viewers following reports of a toxic workplace culture behind the scenes of her daytime show.

DeGeneres got off to a strong ratings start last fall in her 18th season season premiere when she addressed the scandal, but has seen a swift decline in the months since.

‘I learned that things happen here that never should have happened,’ she said in her season premiere. ‘I take that very seriously. And I want to say I am so sorry to the people who were affected.

‘I know that I’m in a position of privilege and power, and I realize that with that comes responsibility. I take responsibility for what happens at my show.’ 

Trouble: Ellen reportedly lost one million viewers following reports of a toxic workplace culture behind the scenes of her daytime show

Trouble: Ellen reportedly lost one million viewers following reports of a toxic workplace culture behind the scenes of her daytime show