The famous couple bought the lovely three-bedroom home in April for $5.4 million and listed it a month later for $5.995 million, according to Siteline.
The home was taken off the market in June before reappearing at a small discount in December.
The home is located in Hedgerow, a neighbourhood that takes its name from the dense hedges that envelop the home.
This particular cottage offers 2,280 square feet of living space.
Built in 1915, the home features original built-ins, hardwood floors, vaulted ceilings, ornate woodwork and two fireplaces.
While it is unclear whether DeGeneres and De Rossi have seriously renovated or extensively improved the property, this chic home does have a classic and modern aesthetic.
Behind the striking red front door is a bright and airy living room with a cathedral ceiling and exposed beams.
The spacious kitchen features beautiful cabinetry, granite countertops and high-end appliances.
All 3.5 bathrooms have been updated.
A master bedroom features a fireplace and a private deck overlooking the backyard.
The courtyard-style yard is surrounded by hedges and lush landscaping.
There is also a guest cottage as well as a second separate annexe.
All furniture, artwork and kitchenware are also available for purchase.
The former talk show host and her wife also rent out another three-bedroom property in Montecito for a whopping $27,500 per month.