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Adam Levine

Celebrity homes priced to sell during the holiday crush

Black Friday and Cyber Monday have come and gone, but there are still a few discounts to be had.

In Montecito, Ellen DeGeneres and wife Portia de Rossi appear to have lowered expectations on their Italian villa-style home.

Originally offered at $45 million, the romantic weekend retreat and its centerpiece Wallace Frost-designed stone house is now listed for $39.5 million — a roughly 12% reduction.

The 16.88-acre estate, which includes a sunken tennis court, badminton court and an indoor-outdoor pool house, has been on and off the market since March. Suzanne Perkins of Sotheby’s International Realty holds the listing.

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