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Ellen DeGeneres Pays $49 Million for Dennis Miller’s Cape Dutch-Style Montecito Compound

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James McClain Back in October, “Saturday Night Live” alum-turned-multimedia host and conservative political commentator Dennis Miller and wife Slim Paley rocked Montecito by inking a clandestine, off-market deal to sell their vast estate for a whopping $49 million in cash.At that time, the new owners’ names were not publicly known, but now it turns out the mystery buyers were Ellen DeGeneres and her longtime wife Portia de Rossi, as was first revealed by the Wall Street Journal.

The property-mad pair have a extensive and highly publicized affinity for buying and selling some of Santa Barbara’s most valuable homes.Way back in 2006, the couple dropped $15.8 million on a Montecito estate that they sold the following year to former Google CEO.

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