Lifestyle Home Real Estate Ellen DeGeneres Buys Brad Pitt's Malibu Home for $12 Million DeGeneres and wife Portia De Rossi put their own house up for sale in October By People Staff Published on December 17, 2011 02:15PM EST Comments Photo: Getty (2) It is official: Ellen DeGeneres is the proud owner of a new home. The former home of a very A-list actor. Transactions were completed Friday to finalize the purchase of Brad Pitt‘s Malibu manse for $12 million, PEOPLE has learned. The property overlooks the Pacific Ocean, has private beach access, consists of two separate houses, a pool, a tennis court and lush gardens. DeGeneres’s interest in the estate was first buzzed about around Thanksgiving, a month after she and wife Portia De Rossi put their Architectural Digest-featured home on the market for $49 million. The couple will be downsizing a bit: From about 15,000-square feet of interior space to 4,000. Sounds cozy! – Gail Nussbaum Brad Pitt Turns 48 with a Very Michael Jackson Night in Vegas