The Wall Street Journal's Private Properties and the Real Estalker both recently reported that Metro Networks founder David I. Saperstein is asking $75 million for Hummingbird Nest Ranch, an equestrian estate in Simi Valley, California. Yes, the same Sapersteins who are selling Fleur-de-Lys, the $125 million palace in Beverly Hills. The now ex-Mrs. Saperstein, Suzanne, is an avid rider and the couple bought the 123-acre ranch in the 1990s and turned it into an elaborate showplace. The ranch includes a 12,500-square-foot, Mission-style main house, six guest houses (one of which is a brick beauty from the 1920s known as Sitting Bull) and 10 factory-built homes for staff quarters. There is also a a roughly 20,000-square-foot barn with 37 individually heated stalls and an automated horse watering system, three show rings, a veterinary clinic and of course a helipad.
If you are a fan of the television show, The Biggest Loser, then you have probably various portions of this estate. The first few seasons of the show were filmed here (plenty of room for all that exhausting hiking around). The ranch is a functioning business hosting equestrian events, all sorts of filming, and boarding horses. The main house has a Moroccan feel with lots of beautiful tile details, heavy iron chandeliers and rustic wood beams. It's huge but still has, as the Real Estalker Mama notes, a certain coziness. The estate is listed at $75 million. After the jump., can you imagine the water bill for keeping all that green during a Southern California summer?