Camille Grammer Cuts Malibu Price by Another $1 Million

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Simon Berlyn via ZillowThe nearly five-acre estate, originally listed at $17.5 million, has been on and off the market since 2012.


By Catherine Sherman

If you're Camille Grammer, it's never too late to reunite with old friends -- or market your home.

During "The Real Housewives of Beverly Hills" premiere last week, the former reality star caught up with current cast members and mentioned she's still trying to sell her Malibu mansion. In recent days, she has lowered her asking price by $1 million.

Now listed for $13.995 million, Grammer's home at 3250 Serra Rd has been on and off the market since 2012. The current price is a big drop from the original ask of $17.5 million, but it's still on the high end for Malibu, where the median home value is $2.42 million.

Grammer and ex-husband Kelsey Grammer put several properties on the market after their divorce. The "Frasier" star reportedly found a buyer for his Beverly Hills abode last spring.

The 4.75-acre Serra Retreat estate features a gourmet kitchen designed by Wolfgang Puck, a master suite with ocean views, state-of-the-art home theater, horseback riding area and nine-stall barn.

Chris Cortazzo of Coldwell Banker holds the listing.

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