SELL BUY PROPERTY

SELLER: Camille Grammer
LOCATION: Malibu, CA
PRICE: $14,995,000
SIZE: 6.645 square feet, 4 bedrooms, 6 bathrooms (plus a substantial guest house)

YOUR MAMAS NOTES: After a few months off the market, some legal wrangling and public tongue wagging over a house in Holmby Hills she still co-owns with her luxe-living ex-husband, the expansive Malibu, CA compound owned and occupied by The Real Housewives of Beverly Hills' Camille Grammer, the fourth ex wife of five-time Emmy winning television star Kelsey Grammer, has popped back up on the open market with a new, improved and much lower asking price of $14,995,000.

Mister and fourth ex-Missus Grammer purchased the property in May 1998 for $4,500,000 and according to at least one online resource first attempted to unload the 4.77 acre equestrian-friendly spread in the guard-gated Serra Retreat back in 2004 when it was listed for an unknown amount for eight months. They unsuccessfully attempted to sell again in 2005 for an also unknown amount.

Fourth ex-Missus Grammer—a former MTV dancer who was granted complete ownership of the Malibu estate in their divorce—first hoisted the high maintenance compound on the open market in August 2012 with an in-hindsight wildly optimistic $17,500,000 price tag. The asking price dropped at least once before it was taken off the market just before the Christmas holidays.

Current listing information shows the main house, a kind of French country villa meets suburban mock-Med mini-mansion, measures in at 6,645 square feet with four bedrooms, six bathrooms, a formal living room, double height formal dining room with a sliver of an ocean view and a wood-paneled library with chateau-style carved stone fireplace surround.

There's also a media room with seating for at least 14 in baby poo colored brown leather recliners with built-in drink holders in the armrests, a spacious—if stylistically very ordinary—Wolfgang Puck designed kitchen with two center islands, a mac-daddy commercial grade range and heavy-duty rustic wood beams on the ceiling.

A detached guest house (above) has spacious living room, kitchen, garage parking for five cars and, according to listing details, "several bedrooms," a private terrace and a rooftop deck.

The nearly five acre, fully landscaped  estate has a long meandering driveway, scad of 18th and 19th century fountains and benches for quiet contemplation, numerous entertainment terraces including at least one for dining and one with a stacked stone outdoor fireplace, a stone terrace surrounded heated swimming pool, at least two spas, a lighted tennis court, equestrian facilities that include a 9-stall barn and dressage riding ring and a large lily pond with canoe dock and and 18th century stone temple.

No doubt much to their mutual chagrin and frustration Mister and fourth ex-Missus Grammer still co-own a luxurious residence with seven bedrooms and eight bathrooms in the exceedingly affluent Holmby Hills area of Los Angeles—once listed at $19.9 million and priced tagged at $14,995,000. They also still have an 8,500 square foot ski chalet near Vail (CO) that's been for sale since at least March 2011 and is currently listed with a $6,995,000 asking price.

listing photos: Coldwell Banker