Ellen DeGeneres Says Bye to Bev Hills Home ... No Big Pay Off This Time

Ellen DeGeneres made quick work of the Beverly Hills home she just put on the market ... but she didn't cash in quite like she probably hoped.

The talk show host unloaded the massive, secluded property she bought just 2 years ago from Maroon 5 frontman, Adam Levine, for a whopping $47 million ... but she was asking for way more than that.

As we first told you ... Ellen listed the 10,000 square-foot mansion for $53.5 mil just over a month ago, which would have netted her a decent profit because she and her wife, Portia de Rossi, purchased it from Adam for about $45 mil.

Instead, it's more like a break-even transaction ... but we're told DeGeneres went ahead with it anyway because she spends very little time in L.A. outside of shooting her show. She's now living full-time up in Montecito.

As for the new buyer -- represented by Brian Lane & Bob Safai of Madison Residential -- they just scored a gorgeous, ivy-covered estate with a resort-style pool, outdoor kitchen and pizza oven, fire pit, dining room bar, 50-foot living room with stone fireplace, indoor gym, spa and a guest house.

There's also a sunken tennis court, as the home used to also be owned by tennis legend Pete Sampras.

Celeb realtor Kurt Rappaport held the listing.

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