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Jamie Tian's Real Estate Blog

Real estate, sustainability, and things to do in Los Angeles!

By Jamie Tian | Agent in Los Angeles, CA
  • CAMILLE & KELSEY GRAMMER'S Beverly Glen Home Gets A $1M Price Cut and Kelsey Lists New Beverly Hills Home!

    Posted Under: Home Buying in Beverly Glen, Home Selling in Beverly Glen, Celebrity Homes in Beverly Glen  |  March 28, 2013 1:47 AM  |  1,212 views  |  1 comment

    Photo Credit: Trulia.com

    Kelsey and Camille Grammer's Beverly Glen home has just received a $1 million price cut and is now listed at $14.995 million. The Grammers originally purchased the 10,567 sq ft, 7 bed/9 bath property for $13.7 million in 2007. The property was previously listed at $18.9 million in 2008.

    The Grammers' Malibu estate is also on the market and has received a similar price reduction down to $14.995 million (more info about Malibu estate here). Their Beaver Creek ski mansion in Avon, CO is listed for $6.995 million. All three of these properties must be sold as part of the Grammers' lengthy and complicated divorce settlement.

    In April 2012, Kelsey and his new wife, Kayte, purchased a different 6 bedroom Beverly Hills mansion for $6,500,000. It was leased for $30,000/month and is now back on the market for $7,250,000. They originally bought the property for their new family (baby Faith) but Kelsey's show "Boss" was canceled shortly after, leaving Kelsey to reevaluate his finances. He said he could no longer afford the multiple mortgages and moved back into the Grammer's Beverly Glen home. Ex-wife Camille is not happy because she has been paying her half of the carrying costs of the property ($40,000/month) and now it will be more difficult for them to sell the property with Kelsey and his new wife living in it.

    Please feel free to contact me at (310) 717-1321 or JamieTian@RodeoRE.com if you are interested in buying, selling, or leasing a property in the Beverly Glen/Beverly Hills or in the greater Los Angeles area. I would be happy to provide you with a list of available properties on the market that fit your search criteria or provide a professional estimate of your home value at no cost!

    Check out my website at www.JamieTian.com to search for properties currently for sale and for lease in the greater Los Angeles and Orange County areas (updated in real-time)!
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