Courtesy Christie's International Real Estate
October 18, 2018 12:57 PM

Rosie O’Donnell is making a big real estate move following speculation she and girlfriend Elizabeth Rooney are engaged.

The 56-year-old actress is selling her $5.9 million English-inspired country estate in Saddle River, New Jersey. She’s taking a small loss to get rid of the property, which she reportedly purchased for $6.375 million in 2013, according to Homes.com.

RELATED: Rosie O’Donnell and Daughter Chelsea Have Forgiven Each Other After ‘Really Public Troubled Times’

Despite the timing, the sale doesn’t appear to be a sign that she and Rooney, a police officer from Worcester, Massachusetts, are looking for a new home to call their own.

A friend of The View cohost tells PEOPLE that, “she’s selling because she is living in New York City full-time now and most of the kids are grown and did not need the big house.”

Rosie O'Donnell selling New Jersey mansion
Courtesy Christie's International Real Estate

O’Donnell has three daughters — Chelsea Belle, 21, Vivienne Rose, 15, Dakota, 5 — and two sons, Parker Jaren, 23, and Blake Christopher, 18.

RELATED: Rosie O’Donnell Drops Off 18-Year-Old Son Blake at College: ‘On We Go’

She has been dating Rooney, who recently suggested she was engaged with a subtle change to her Instagram bio, for nearly a year. Her page now includes the letter “R” followed by a diamond ring emoji. Radar Online first reported the possible engagement on Oct. 8.

Rosie O'Donnell and Elizabeth Rooney
Astrid Stawiarz/Getty

O’Donnell’s New Jersey mansion sits on 5.7 acres, according to the listing with Special Properties, a Division of Brook Hollow Group Realtors Inc., an affiliate of Christie’s International Real Estate. It boasts six bedrooms, seven full bathrooms and two half baths, a gourmet kitchen, multiple living rooms with fireplaces, an elevator and a guesthouse.

Rosie O'Donnell selling New Jersey mansion
Courtesy Christie's International Real Estate
Rosie O'Donnell selling New Jersey mansion
Courtesy Christie's International Real Estate

Outside, amenities include an in-ground pool with a grotto and waterfall, a plunge pool, spa, basketball court, three-car garage, artist’s studio and multiple balconies with sweeping views of the property. It was totally remodeled and renovated in the early 2000s.

Rosie O'Donnell selling New Jersey mansion
Courtesy Christie's International Real Estate
Rosie O'Donnell selling New Jersey mansion
Courtesy Christie's International Real Estate
Rosie O'Donnell selling New Jersey mansion
Courtesy Christie's International Real Estate

O’Donnell and Rooney went public with their relationship in November 2017 after O’Donnell revealed she was dating a younger woman during an appearance on Howard Stern’s SiriusXM radio show.

“It’s the first time I’ve dated someone younger than me,” she said. “It’s a very trippy thing.”

RELATED VIDEO: Sherri Shepherd Reveals Rosie O’Donnell Helped Negotiate For a Bigger Paycheck on ‘The View’

“I get along so well with her, it’s kind of fascinating,” she added. “The one thing that she doesn’t know? [Barbra] Streisand. I made her watch Funny Girl. She’s like, ‘It was good.’ I’m like, ‘Come on!’ ”

At the time, O’Donnell also told Stern she would “never” get married again.

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