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Kelsey Grammer's Failed Flip in Holmby Hills Back at $18MM

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Here now, From Curbed Marketplace, highlighting an intriguing real estate listing from the many thousands of properties found in the Curbed Marketplace. Browsing the Marketplace and spot a property worthy of being featured? Send it to the tipline.

Last three images via Real Estalker

Kelsey Grammer is an experienced flipper (see Real Estalker for a partial list of his properties), but he didn't have any luck with this English Country house in Holmby Hills when he tried to offload it in 2008. He and then-wife Camille Grammer had only picked it up the year before for $13.7 million; they were asking $19.9 million not 13 months after purchase. The house has seven bedrooms, nine bathrooms, a media room, a dining room, a gym, a big yard, a pool, and a four-car garage. The listing also mentions that "No expense has been spared remodeling," but it's not clear when that might have happened (there are no current interior listing photos!). The new asking price will presumably still net the now-divorced and remarried Grammer a nice little profit: $17.999 million.
· 261 Baroda Dr [Zillow]
· Celebrity Real Estate Wrap: Kelsey Grammer Flips, Perry Buys, Sampras Sells, More [Curbed LA]