Ellen DeGeneres Raises Price Of House In Thousands Oaks, Calif. For Sale (PHOTOS, VIDEO)

Why On Earth Did Ellen Do This?

About a week ago, Ellen DeGeneres listed her 26-acre equestrian ranch in Thousand Oaks, Calif. for sale at $10.995 million. And then with a palm slap to the forehead that could be heard across the nation, the price was just adjusted upward by $2 million. While the real estate market appears to be recovering nicely, a price hike is pretty much unheard of. Who in their right mind raises the price of a week-old listing?

The explanation is actually quite simple. DeGeneres and wife, actress Portia de Rossi, decided to throw in all the furnishings, which we're told are easily worth the price adjustment. We must admit, this property is a one-of-a-kind showpiece. Santa Barbara/Montecito Sotheby's uber-agent Suzanne Perkins, who has the listing, says the property is one of her all-time favorites -- high praise from a real estate high priestess.

There are eight farmhouse-style cabins, two barns, stables, a tennis court and a yoga pavilion. It could almost function as a Bed and Breakfast for horse lovers.

As we reported last week, DeGeneres' estate did in fact serve as a sort of B&B to the firefighters who battled a blaze that threatened to engulf her exclusive neighborhood. She invited them to use her home as a place to shower, rest and grab some food.

Check out this video of DeGeneres' home and see photos of the estate in the slideshow below.

Photos courtesy of Zillow.com.

Dining Room

Ellen & Portia's Thousand Oaks Home

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