Think you are the only one interested in snatching up a fabulous home in today’s buyer-friendly real estate market?  Think again! In today’s fabulous celebrity news, we highlight the recent purchase of Brad Pitt’s 4,000 square foot Malibu home by Ellen DeGeneres and Portia de Rossi. The funny woman talk show host and her lady have purchased the Malibu home of Brad and Angelina Jolie for $12 million.  A steal considering the home was originally listed at $13.5 million!

The four-bedroom, four-bath, 4,000 square foot beachfront bungalow is a snug “downsize” from Ellen and Portia’s $49 million, 15,000 square foot home.  A home so fancy that is has been featured in Architectural Digest.

Ellen and Portia’s gorgeous new pad overlooks the ocean and is complete with private beach access, a pool and tennis court and celebrity neighbors. No doubt they’ll be loving Malibu-life during the summer!

For more Orange County and Hollywood real estate news, follow Cheryl on Twitter @CherylSellsOC!

Cheryl Marquis has been an active and successful real estate agent in South Orange County, California for more than 25 years. As a TOP PRODUCER in her company, Cheryl has received the specific accreditation of a Certified Relocation Specialist (CRS) and Accredited Buyers Agent (ABR) and is a member of the Who’s Who of Luxury Real Estate, a select network of the world’s leading luxury home agents. A member of C.A.R. (California Association of Realtors), N.A.R. (National Association of Realtors) and O.C.A.R. (Orange County Association of Realtors).  To talk to Cheryl about buying or selling a home in Orange County, call her at 949.683.1501 or visit her online at www.CherylSellsOC.com.