It looks like Ryan Seacrest is moving in with Ellen Degeneres… well, into her old house at least. TMZ reports that the ‘American Idol‘ host and radio personality bought Degeneres’ estate, where she resided with wife and actress Portia de Rossi, in Beverly Hills for a cool $39 million.

That’s definitely not chump change, even for a media mogul like Seacrest. According to Forbes, Seacrest made around $59 million last year — but the luxurious pad seems to be worth every penny. And in some ways, it was a steal, since Degeneres had listed the pad for $49 million.

The main house, which is roughly 9,200 square feet, sits on nearly three acres of sprawling property that boasts a koi fish pond, an outdoor swimming pool and three other (presumably guest) houses. The house itself is as gorgeous as the landscape, with an extremely large gym (the size of a “large health club,” according to TMZ), an outdoor patio, three bedrooms, and windows all around. It’s like a tranquil oasis in the middle of the bustling city of Los Angeles.

This posh estate is really making its rounds amongst the stars. Before Degeneres and de Rossi moved in, the house belonged to ‘Will and Grace’ producer Max Mutchnick. Degeneres and de Rossi bought the surrounding land, but ended up losing money on improving the estate’s beauty and vastness.

We wonder if Seacrest is making room for his sweetie Julianne Hough. The two have been hot and heavy since spring 2010, so we wouldn’t be surprised! Check out some photos of Seacrest’s new home below.