Golfer Greg Norman hasn't sold off the real estate from his last marriage (his Tranquility estate is still for sale for $60 million) but he seems to already be facing divorce and some more real estate transitions. Norman and tennis champion Chris Evert were married less than two years ago but now they have split up. Both Norman and Evert left long term marriages in order to be together.

According to People.com the pair never created a home together and kept their own residences. Still some real estate transition seems to be in order for Norman. His Seven Lakes Ranch in Colorado is up for sale for a cool $55 million. Norman assembled the ranch from a variety of properties and it now extends over 11,600 acres in Meeker, Colorado. Norman picked up the Seven Lakes Lodge and an adjacent 3,000-acre ranch from Wall Street financier Henry Kravis in 2004. The 8-bedroom lodge on 300 acres, was listed, along with the neighboring Pollard Ranch for $18.5 million but Norman paid around $16 million. The Pollard Ranch is adjacent to the 8,200-acre ranch that Norman had already owned for seven years. Norman was particularly fond of the outdoor opportunities on his ranch. On the Shark website he said that he enjoyed fishing, hunting, riding, mountain bike riding and more on the property. The property includes the nearly 14,000 square foot lodge, staff quarters, staff and guest cabins, a fitness center, equestrian facilities and a clays course. It is being sold furnished.

[Thanks, Kevin]

Up, down and back up again, I'm noticing a strange trend in high-end real estate that might, just might, be a sign of increased real estate exuberance. Some of the most expensive homes with the biggest price dips are suddenly reversing the trend, amending previous discounts. Case in point, Greg Norman's Jupiter Island, Florida home. It first hit the market for $65 million in 2007 which seemed a bit ridiculous considering that it had been assessed at just $21 million and Norman and his ex-wife had bought the home in 1991 for only $4.9 million. Therefore it wasn't a huge surprise when the price went tumbling down to $47.5 million. But what's this? A peek at the listing with Corcoran reveals Norman has boosted the price again, all the way back up to $60 million. Why the price increase? It could herald a resurgence of Florida's high end real estate. It's definitely a reflection of the work he spent renovating the home. But while the price has gone back up the listing pictures remain the same so we can only imagine what Norman did to the place.

As the Real Deal pointed out last month, if Norman gets his asking price it would set a record price for a property on the island, a record currently held by fellow golfer Tiger Woods who spent over $40 million for a home he tore down to create a new family compound. After an acrimonious divorce, Norman married tennis star Chris Evert and the two now live in her Florida home. Norman plays on the senior's golf tour and also has various golf course projects as well as his own wine label, clothing line and other businesses. Norman's ex-wife Laura Andrassy is entitled to $17.5 million in proceeds from the eventual sale of the house.

Norman's golf paradise includes nine bedrooms over six structures. The estate is eight acres with a four-bedroom main house that was built in 1902 and has wine storage for 2,500 bottles. The main house overlooks the Intracoastal Waterway with 370 feet of waterfront, and a 140-foot dock that can accommodate a large yacht. A two-bedroom guest house faces the Atlantic and has an open porch for taking in the ocean views. There is also a grill house with a tennis court and a 50-foot pool. The listing says the estate comes with a coach house, with a four-car garage and three bedrooms and a carriage house which as a six-car garage, gym, steam room, boardroom and offices. A boat shed will also hold seven vehicles.

From Berg Properties Big Time Celebrity Listings:
--Vince Vaughn has put a four-bedroom townhouse in Chicago up for rent for $9,500 a month. The listing is here.
A Lake Forest, Illinois that once belonged to Mr. T has gone to contract after being listed at $7.5 million (it has been on the market since 2004 when it was listed for $10.5 million).
Actress Denise Richards' former home in Hidden Hills, CA is back on the market for $3.495 million. The listing is here.
--Film producer Lawrence Kuppin has put his seven-bedroom mansion in the Hollywood Hills, shown above, on the market for $29.5 million. The listing is here.
--Actor Jason Durr has placed his four-bedroom home in Los Angeles' Larchmont Heights neighborhood on the market for $1.575 million.

From the LA Times Hot Property:
--Actor Justin Berfield bought the "Newlyweds" house in Calabasas from Jessica Simpson and Nick Lachey in 2006 for $3.75 million. Now he has listed the five-bedroom Mediterranean for $3.95 million. The listing is here.
--Produce Bill Geddie has put his Brentwood home on the market. It was our estate of the day on Saturday.
--Actor Kevin Dunn has lowered the price of his Sierra Madre house to $1,075,000. It was previously listed at $1,148,000.
--Broadway composer and lyricist Jason Robert Brown and his wife, conductor Georgia Stitt, recently purchased a three-bedroom home in the Silver Lake area of Los Angeles for $1.15 million.
--Dexter Scott King has sold his Malibu home for $1.99 million. It was listed at $3.495 million when it was our estate of the day in 2007.
--Actress Sandra Vidal has listed her four-bedroom Hollywood Hills home for $2.85 million. The listing is here.

From the Wall Street Journal's Private Properties:
--Seattle Mariners outfielder Ichiro Suzuki has put his Issaquah, Washington home on the market for $1.75 million. It's our estate of the day on Monday.
--Lifestyle guru Colin Cowie has paid $4.5 million for the top two floors of a new condominium building in Manhattan's Flatiron district.
--The owners of a Manhattan apartment where George Gershwin once lived have cut the asking price by 15% to $1.675 million.The listing is here.

From the Real Estalker:
--A charming albeit small two bedroom home belonging to Emmy winning visual effects designer Joshua Rose and his partner Raphael Kalichstein has been listed for $767,000. The listing is here.
--"South Park" producer Anne Garefino has listed her home in the Beverly Hills post office area for $1.795 million. The listing is here.
--Billionaire Lou Gonda's Beverly Hills home is reportedly on the market for $35 million.

From Move Trends:
--Nick Nolte's former home in Malibu is listed at $3.65 million. The listing is here.
--Jerry Seinfeld's former home in the Hollywood Hills is listed for $6.25 million. The listing is here.
--Greg Norman has dropped the price on his Hobe Sound, Florida estate to $47.5 million. It was listed at $65 million when it was our estate of the day in 2007.

Luxist tipster Carol led us to the fact that Boston Red Sox pitcher has reduced the price of his Medfield, Massachusetts house to $5 million. It was listed at $8 million when it was our estate of the day in April 2008.

From TMZ:
--The most recent batch of Malibu fires may have destroyed the home of Red Hot Chili Peppers bassist Flea and damaged the home of Guns N Roses singer Axl Rose.

From the Real Estalker:
--Melissa Etheridge has liisted her Hidden Hills home, shown at right, for $4.995 million. She bought the home in 2004 for $3,595,000. The listing for the six-bedroom home is here.
--Tara Reid has placed her 10th-floor, 1,087-square-foot condominium unit at the Hollywood Versailles in Hollywood on the market for $885,000. This is the same building that Ugly Betty star Michael Urie recently bought in to. The listing is here.
--Vicki and Donn Gunvalson of The Real Wives of Orange County tried to downsize but changed their minds and are putting their new smaller home back on the market. The home is a five-bedroom in Coto De Caza of course, listed at $1.78 million.
--Singer/gastric bypass patient Carnie Wilson has listed her five-bedroom, 4,491-square-foot house in Los Angeles' Tarzana area for $2,249,000. It is our estate of the day later today.
--Slash may have sold his lawsuit special, it is now listed as "looking for backup.'

From the NY Observer's Manhattan Transfers:
--Viacom's chief financial and administrative officer, Tom Dooley, closed late last month for that amount on a ninth-floor condo at The Plaza for $7.8 million. Also this month Esprit clothing executive Jürgen Friedrich paid $25 million for Unit 509, reportedly a gold-and-pink spread called the Astor Suite.
--Jocelyne Wildenstein, best known for her surgically altered catlike face, has paid $3.5 million for her third apartment at 845 United Nations Plaza.
--Joining Martin Zweig's $70 million listing for his triplex penthouse co-op at The Pierre, is another big listing. Venture capitalist Lionel Pincus, companion to Princess Firyal of Jordan (once King Hussein's sister-in-law), has listed his 12-room Pierre apartment for $50 million. It is the second most expensive apartment in the city. The listing is here.
--Fashion designer Erin Fetherston has paid $4.33 million for a duplex loft that previously belonged to law-breaking hedge-fund trader, Steven B. Markovitz.
--Universal's president/CEO Jeff Zucker and his wife Caryn closed earlier this month on the late Kitty Carlisle Hart's 11-room apartment at East 64th Street for $12.3 million.

From the Wall Street Journal's Private Properties:
--Greg Norman, has listed his 7.4-acre spread on Jupiter Island, Fla. for $65 million.
--Sun Microsystems co-founder and former chief scientist Bill Joy is seeking $40 million for the Manhattan apartment that he bought five years ago for $17.57 million but never moved in to.
--Ellen DeGeneres has found a buyer for her $24 million Montecito estate (it was our estate of the day back in April) and recently bought a furnished house in Beverly Hills. The 6,000-square-foot Beverly Hills home belongs to Max Mutchnick, a co-creator of "Will & Grace." The sale price included many home furnishings and art.
--Daniel Goldring, a partner with hedge fund Perry Capital, and his wife, Libby, have purchased Yale Farm, a northwestern Connecticut house dating to 1729 for $6.3 million.

From Berg Properties Big Time Listings:
--A house in Beverly Hills that was once owned by composer/pianist Burt Bacharach has just sold for an undisclosed price after having been listed for $3,495,000.
--Husband-and-wife actors David James Elliott and Nanci Chambers have sold their 3,276-square-foot house in Brentwood for $3,050,000.
--The sale price for the house in Beverly Hills that Hollywood celebrity/pastor/coach/motivational consultant Rev. Tim Storey recently sold went for $4,535,000.

From the LA Times Hot Property:
--Actress Kaley Cuoco has listed her home in Sherman Oaks for $1.285 million. Celebrity Big Time listings unearthed the cached listing for the home.
--A ranch that once belonged to Guy Madison, who starred on television during the 1950s as Wild Bill Hickok, is for sale for $847,000. The Followed Dream Ranch has a saloon-style game room and a mirrored wet bar as well as horse facilities. The listing is here.
--Oscar-winning actor Richard Dreyfuss is also a real estate developer. Along with his producer brother, Lorin, and their attorney sister, Cathy he has sold four of 11 1-acre estate lots in the "Reverie" residential project in Rancho Mirage. The finished estates will have mountain views and at least 7,000 square feet of space with guest casitas, pool houses and subterranean wine and media rooms -- and carry a price tag of $4 million to $5 million.

I've written up a lot of the celebrity wines as they have come up but I have never seen a tasting of golf wines before. Unlike some celebs who randomly attach their names to anything for a little cash, the golfers on the whole seem to be pretty involved in the winemaking process (the jury is still out on John Daly's wine project). Ray Isle from Travel + Leisure took on the task of tasting the wines associated with golfers and with the PGA tour. The best of the batch according to Isle is the Greg Norman Estates Reserve Shiraz 2000 which received 93 points for its rich blackberry flavors.

15 BEST WINES FROM THE PRO GOLF WORLD
1) Greg Norman Estates Reserve Shiraz 2000; Padthaway, Australia
2) Ernie Els Bourdeaux-style blend 2003; Stellenbosch, South Africa
3) Mike Weir Estate Icewine Vidal 2005; Niagara Peninsula, Canada
4) Nick Faldo Shiraz 2003; Coonawarra, Australia
5) Commissioners Private Reserve* Cabernet Sauvignon 2003; Dry Creek Valley, California
6) Champions Select* Zinfandel 2004; Dry Creek Valley, California
7) Greg Norman Estates Sparkling Chardonnay/Pinot Noir (nonvintage); Australia
8) Commissioners Private Reserve* Cabernet Sauvignon 2002; Napa Valley, California
9) David Frost Wines Par Excellence Meritage 2002; Paarl, South Africa
10) Commissioners Private Reserve* Chardonnay 2004; Sonoma County, California
11) Mike Weir Estate Chardonnay 2005; Niagara Peninsula, Canada
12) Greg Norman Chardonnay 2004; Victoria, Australia
13) Champions Select* Cabernet Sauvignon 2004; Alexander Valley, California
14) Greg Norman Pinot Noir 2004; Santa Barbara, California
15) Arnold Palmer Chardonnay 2004; California

Golfer Greg Norman is creating quite the empire. He has his own wine, designs golf courses and has put his name on a number of real estate projects in the U.S. and his native Australia. Now Norman and development company Medallist are developing a new community south of Johannesburg in South Africa. The development is called the Eye of Africa and will include a golf course, 2000 residential units and a club house, retail center, stores, restaurants and convenience shopping. Norman was in Johannesburg recently and promised that the development will try to do the least bit of damage to the environment.