Camille Grammer’s Malibu Mansion Back on the Market

Zillow

Camille Grammer's home

Source: IBDb

Not only has Camille Grammer walked away from ”The Real Housewives of Beverly Hills,” but the ex-wife of actor Kelsey Grammer is also trying to cut her Malibu ties. The former couple’s mansion is back on the market for $14.995 million, significantly less than its original asking price of $17.5 million last summer.

Meanwhile, the Grammers’ longtime Beverly Hills residence recently received a price cut, now wearing an identical price tag of $14.995 million.

Located at 3250 Serra Rd, Malibu, CA 90265, the Malibu retreat has been owned by the “Frasier” and Bravo-TV stars since 1998, when they purchased the 4.75-acre property for $4.5 million. While their one-time primary residence in Beverly Hills is luxurious in its own right, the Malibu home is all about location, situated on the prestigious Serra Road hillside.

The grounds play up the location with towering trees, flowering gardens, a private pool, barn and guest house draped over the property. Inside, large french doors open to an outdoor dining area with panoramic views.

A monthly mortgage payment on the Malibu Mediterranean estate would be $53,941, assuming 20 percent down on a 30-year fixed mortgage.

By contrast, the Grammers’ Avon, CO cabin — used during “RHOBH” Season 2 — has been on the market since October 2012 with a $6.995 million asking price. While the cabin itself is larger, an estimated mortgage payment is half as much as the Malibu house at $25,051.

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