Ellen Degeneres has purchased Brad Pitt's home for $12 million.

The talk show host and her wife Portia De Rossi reportedly sealed The Deal for the Hollywood actor's former Malibu mansion - which has views of the Pacific Ocean, a pool, tennis court, private beach access and consists of two separate abodes - on Friday (16.12.11).

The main house also contains four bedrooms, a large chef's kitchen with stainless steel appliances, four baths, three fire places, bamboo floors and a top of the range security system.

Last month, Ellen and Portia put their Beverly Hills compound on the market for a figure in the region of $49 million, but the couple are thought to be downsizing as their current home contains 15,000 square feet compared to the 4,000 square feet in Brad's former pad.

Ellen and Portia were not the only ones interested in the 48-year-old actor's ex-abode as Reese Witherspoon was also thought to be keen on purchasing the home at one point.