Did Y'all See...

...that Ellen Degeneres and Portia de Rossi have re-listed their southern California horse ranch with a new, improved and much lower $10,995,000 asking price? Well they did.

Your Mama previously discussed—at length, as per usual—the Sapphic couple's equestrian compound so, rather than go over it all again with a fine-toothed celebrity real estate gossip's comb, suffice to say...

Missus Degeneres and de Rossi picked up their horsey haven in the swanky Hidden Valley area near Thousand Oaks in June 2009 for about $8.5 million. They first attempted to unload the bucolic retreat about two years later with an asking price of $16,500,000. The asking price eventually dropped to $14,900,000 before it was taken off the open market in the fall of 2011.

The 26-acre, multi-residence ranch property has eight fully updated and upgraded farmhouse-style cottages all decked out and done up in a rustic kind of contemporary day-core featured in a recent issue of Elle Decor. There's also, as per listing details and other online resources, a ranch office, a couple of barns converted to art studios/entertainment spaces, a screened yoga pavilion, a tree house, a tennis court, extensive equestrian facilities (hay barn, stables, riding rings, and etc.), and—y'all can bet—a state of the art security system. Altogether, according to listing details, the property encompasses eight bedrooms,10.5 bathrooms, and (at least) 4 fireplaces spread throughout the various residences and outbuildings.

Last year the property-mad pair sold their celebrity pedigreed compound above Coldwater Canyon in Beverly Hills for nearly $40 million to squeaky clean media mogul Ryan Seacrest and paid $17.4 million for an 8,000-ish square foot Hal Leavitt-designed mid-century modern in the lower Trousdale Estates area of Beverly Hills that had previously been owned by maximalist lady-decorator Kelly Wearstler.

They currently own a modest condominium in Beverly Hills —presumably purchased for staff or family—that's up for sale at $899,000 and just a few months ago it was revealed they spent a spectacular $26,500,000 to acquire a 13-acre estate in tony Toro Canyon near Montecito, CA with a pristine 10,500 square foot 1920s Tuscan-style villa that had been painstakingly restored by high-brow decorator John Saladino as his private residence.*

*Mister Saladino sold the estate for $16,500,000 in March 2012 to a Kiwi couple who, apparently, flipped less than a year later at a tremendous ten million dollar profit to Missus Degeneres and de Rossi.

listing photos: Sotheby's International Realty