Ellen DeGeneres drops $2.9 million for Santa Barbara bungalow.
is never one to spare any expense for glitzy properties ... which makes this $2.9 million buy all that more interesting.
The talk show host just copped this modest yet modern Santa Barbara bungalow ... a stone's throw from the coveted Montecito Butterfly Beach and the famous Biltmore Hotel. It's a 2 bedroom, 2 bathroom contemporary jewel with huge glass doors that open up to lush landscaping. There's a cool water feature and fire pit on the sun-drenched patios.
There's also enough room for a pool or even a guest house. Either way ... privacy reigns thanks to fortification in the form of noise-reducing acoustic fencing. The single-level home was built in 1954 and it's gone through several renovations. It's probable Ellen's buying this as an investment property.
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