From the Wall Street Journal's Private Properties:
--Kelsey Grammer is trying to sell two Los Angeles houses he bought last year. One, his "fantastic flip" in Holmby Hills, we've mentioned before as an estate of the day, and he recently dropped $1 million off the price so that it now is listed at $18.9 million. The other, shown above, is in the Bel-Air neighborhood has recently been listed for $4.35 million. He bought the home for $4.05 million. The listing is here.
--A penthouse buyer at The Grand Madison, a Fifth Avenue development in Manhattan, is suing El-Ad Properties for $6.4 million claiming fraud and breach of contract.
--Greg Norman's ex-wife Laua Adrassy has picked up a home in New York's Hamptons for $7.55 million.

From the LA Times Hot Property:
--Musician Jakob Dylan has put his Los Angeles home on the market for $11 million. It's our estate of the day later today.
-- Model Cathleen Gallagher has just listed for $5.595 million a spec house in Pacific Palisades that she designed and developed. The solar-powered house is a three-story California Craftsman on the Las Lomas Bluffs. It has seven bedrooms plus a three-car garage. The property website is here.
--Russ Weiner, the founder of the Rockstar energy drink company is selling another piece of real estate. He dropped the price on his Sunset Strip area home by two million dollars. It is now listed at $2.995 million. The listing is here.
--Music and video producer John Diaz has put his home La Casa Moderna in the Mar Vista area on the market for $3.995 million. The listing is here.
--Are the Maloofs in financial trouble? They are certainly selling a lot of real estate. We heard about Joe Maloof's listing previously now comes news that his brother Phillip listed his Beverly Hills home at $16.995 million (the listing is here). His mother, Colleen, put her Beverly Hills home on the market in May, and it is listed at $10.995 million.

From the NY Observer's Manhattan Transfers:
--A two-year-old deed for Bravo chief Lauren Zalaznick's NYC co-op at the Stewart House in New York City shows that she and her husband paid $3.25 million.
--Bella Sapir, the ex-wife of billionaire Tamir Sapir just closed on a $8,895,000 penthouse at the new Veneto on East 53rd Street.
--Ramesh Singh, an executive at the huge Swiss-based bank UBS, who now has two huge Park Avenue apartments on the market-both listed at enormous discounts. His apartment at 860 Park Avenue has been cut to $9.5 million down from $13.4 million, and his 15-room duplex at 823 Park Avenue is listed at $19.95 million down from $24.75 million.
--New York City's most expensive listing, the $80 million penthouse at Fifteen Central Park West, has come off the market but an 18th-floor duplex in the building is quietly for sale for $75 million.

From the NY Post's Gimme Shelter:
--Tommy Hilfiger has rented a quadraplex apartment in a 12-story condo building that was formerly owned by Sean "Diddy" Combs. He is paying around $50,000 per month for a five-bedroom, seven-bathroom apartment located on Park Avenue in the mid-70s.
--Naomi Watts and Liev Schreiber might not be moving into One Madison Park, where they were in contract to buy two apartments. Watts has been spotted checking out a three-bedroom duplex at 79 Laight St., a TriBeCa building known as the Sugar Warehouse, with a $5.3 million asking price.
--The apartment that Bella Sapir recently bought for $8.9 million is now back on the market for $13.5 million. The listing is here.
--Erin Callan, the former Lehman Brothers CFO is in contract to buy a new condo at 40 E. 66th St. She is said to be paying between $7.5 million and $8 million for a three-bedroom apartment.

From Newsday's Real LI:
A 6,000-square-foot Georgian mansion in Syosset, New York that was built in 1928, was once the centerpiece of a 110-acre summer estate owned by William Kennedy, president of one of New York City's largest construction companies. Now the home is on over two acres and is listed at $2.199 million.
--Former New York Jet Vinny Testaverde has cut the price on his Oyster Bay Cove home to $4.6 million. It was listed at $6.495 million when it was our estate of the day earlier this year.
Prudential Douglas Elliman Real Estate is holding a grand open house at a new home in Sag Harbor on November 14. It will include a wine and cheese pairing and a fine art photography installation. The home is on the market for $2,995 million.

From the Real Estalker:
--Nicholas Cage has listed his private island, Leaf Cay, in the Exuma Island chain in the Bahamas for sale for $7 million.
--via Page Six, Jeremy Piven is staying at The Atelier while he is in New York doing Speed the Plow.
--The Real Estalker checks out the home that teenage actress Hayden Panettiere picked up earlier this year for $2.635 million.
--Lance Bass has relisted his Beverly Hills post office mansion. This will be our estate of the day on Monday.
--Rumor has it that British pop star Robbie Williams backed out of the $15,000,000+ contract he signed for a house in Beverly Park.
--Simon and Tamra Barney of The Real Housewives of Orange County have listed their home in Ladera Ranch, California for $1.59 million. The listing is here.



From Berg Properties Big Time Listings:
--A home owned by music producer and drummer Michael Blakey in the Beverly Hills post office area has been reduced to $2.995 million down from an original asking price of $4.695 million. The listing is here.
--Another round of which celebrity owns this house. The Brentwood house in question is listed for $11 million.
--A vintage Spanish-style house in Bel-Air that was built for silent film actress Colleen Moore is now on the market for $18.95 million. The property also is available for rent for $45,000 a month. The listing is here.

From Kansas City.com:
--The Missouri home of Tammy Faye Messner (better known as Tammy Faye Baker) is on the market for $1.5 million. The listing is here.

We've written about Kelsey Grammer's real estate doings before (he's nearly as ambitious a real estate tycoon as Ellen DeGeneres and now the Real Estalker reveals the latest listing from Kelsey and Camille Grammer. This home in the prestigious Holmby Hills are of Los Angeles is one of his best yet. The seven-bedroom home is over 10,000 square feet is on almost an acre of desirable land. The Grammers bought the home less than a year ago for $13.7 million. They have done up the home in their mix of beige and whimsy, sticking to relatively neutral tones throughout the house but making some vibrantly colorful choices in bathroom tiles. The grounds include an expansive pool area and a large lawn.

The home's other features include a gym (with a fireplace), large bathrooms, a media room with a built-in bar and a cozy but luxe style that gets much of its charm from the heavy dark beams and plethora of French doors. I'm not much of a fan of the "English Country" style but as wacky as they are, I'm loving the bathroom remodels (although I never understand the wisdom of having anything upholstered next to the tub. The Grammers have listed this home for $19.9 million.

For more prime properties and lush locations, see Luxury Homes and Mansions.

Actor Kelsey Grammer is a serial real estate buyer. He often buys and sells quickly and has homes across the U.S. in California, New York, Colorado and Hawaii (for a comprehensive round-up of many of his transactions check out the fine work done by Mr. Big Time Listings). Braden Keil of the New York Post reports that Grammer has put his Bridgehampton, New York mansion on the market for $16.1 million. Grammer and his wife Camille, bought the home in January 2006 for $8.517 million. The home has seven bedrooms, a home theater, gym, wine cellar, gourmet kitchen and staff quarters. The 1.7 acre lot includes a heated gunite pool and spa and a pool cottage as well as a sunken tennis court. It is beautifully and elegantly decorated, a nice mix of the cozy and elegant although a bit too much white and beige for those without a fleet of dedicated housekeepers. Bigger pictures are below in the gallery.

From the NY Post's Gimme Shelter:
--Supermodel Gisele is renting out her West Village penthouse loft for $29,000 per month. The home has a hot tub on the private roof deck. Check it out at the listing here.
-- Fairchild Corp. Chairman Jeffrey Steiner has sold his Fifth Avenue co-op apartment for his last asking price of $15 million.
--Martha Stewart is looking to buy a house in Manhattan rather than move into the $35 million worth of apartments she bought at the Richard Meier-designed 165 Charles St. building.

From the Real Estalker:
--Suge Knight's gated estate in Malibu, shown above, is listed at $6.2 million, subject to Bankruptcy Court approval. Check out the listing here, the home is a bit abandoned and in need of someone with deep pockets to restore it to glory.
--Donn and Vicky Gunvalson from The Real Housewives of Orange County have put their Coto de Caza
home on the market for $3.75 million. You may remember this five-bedroom home from the show where the expansive swimming pool and grotto were featured. The listing is here.
--Salma Hayek and and Francois-Henri Pinault have bought the home belonging to Kelsey and Camille Grammer in Bel Air, California.
--A three-fer from Fred Savage. He has sold his home on Hollywood Blvd. in Los Angeles for $2,249,022, bought a house in Hancock Park for $3,050,030, and has flipped a Hollywood Hills home for $3.5 million.

From the NY Observer's Manhattan Transfers:
--Alain Pinon, who co-owns and co-founded the AKS Salons on Fifth and Madison avenues, has paid $1.585 million for his eighth apartment on the Upper West Side. He has already flipped three apartments and four other spreads nearby on Central Park West.
--Men's Health editor-in-chief Dave Zinczenko has paid $3.795 million for a full-floor, three-bedroom unit at the new 744 Greenwich Street condominium.
-- Sharon Percy Rockefeller, the daughter of one Senator and the wife of another has purchased a $2.175 million Manhattan apartment overlooking a very fancy MoMA sculpture garden.
--Peter Peterson, senior chairman and co-founder of the newly public Blackstone Group, who recently bought David Geffen's duplex penthouse at 810 Fifth Avenue for $37.5 million is looking to sell his 11th-floor apartment at River House likely for somewhere between $9 and $10 million. The apartment was used to film a saucy amateur video filmed there, which promoted his daughter Holly's summer novel The Manny.

From Berg Properties Big Time Listings:
--Former NFL quarterback Cade McNown has paid $2,925,000 to purchase a house in Hancock Park and has sold his house in the Hollywood Hills for $3,499,000.
--Damon Dash has sold his 5,875-square-foot, Spanish villa-style house in Beverly Hills, Calif. for $3,600,000.
--Actor Billy Bob Thornton has bought a four-bedroom house in Malibu that was listed at $2,410,000.

From the Real Estate Journal's Private Properties:
--The family of John J. Donovan Sr., whose feud made headlines last year, is asking $6 million for a three-bedroom home on 3.5 acres on the North Shore of Massachusetts and $5.9 million for a home on 1.8 acres across the street. This will be our double dip estate of the day later today.

From Radar:
Vidal Sassoon has put a Richard Neutra-designed house on Mulholland Drive on the market for $19.5 million.

From the LA Times Hot Property:
--Joey McIntyre has sold his house in Venice, California for close to $2.9 million and bought in Hancock Park for nearly $4.7 million.
--Wilmer Valderrama has put his Tarzana compound on the market at $2.25 million. The home has five bedrooms, a pool, pool house and a gym.
--Jenilee Harrison, who played Jamie Ewing on "Dallas" and Cindy Snow on "Three's Company," and her chiropractor husband, Bruce Oppenheim, have sold their Sherman Oaks property for $1.1 million.
--Kevin Williamson, who wrote the screenplays for the "Scream" series of films and the TV series "Dawson's Creek," has purchased a late-'40s, modern-style house in Palm Springs for $1.5 million.
--The Palm Desert home of actor William Boyd, who played Hopalong Cassidy, was purchased at an auction June 2 for $467,500.

From the NY Post's Gimme Shelter:
--Bad-plastic-surgery poster child Jocelyn Wildenstein becomes the latest person to opt in to the Plaza, spending nearly $10 million for around 3,000 square feet of space. She recently sold her large townhouse at 12 E. 82nd St. for over  $13 million.
--Britney Spears was in New York last week and didn't stay in her own apartment, which as we have noted before, has lingered on the market for two years.
--15 Central Park West, which was formerly the Mayflower Hotel, recently sold a penthouse for more than $40 million.
--Cher has sold her Miami home for $8.8 million. The six-bedroom home has a gym, a spa, a wine cellar and an infinity pool.
--Catesby Kilmer, a socialite who has been jailed for stealing money from her boss, is selling her Southampton house. It is listed at $2.5 million and will be our estate of the day later today.
--Donald Trump believes that Las Vegas is still the place to be. He and partners Jack Wishna and Phil Ruffin plan to build Trump International Tower II, a new luxury development. Did he learn nothing from his own ex-wife's failed project in Sin City?
--Philanthropist Carroll Petrie has bought a new summer home which had a $4.75 million asking price. She sold her former home on Gin Lane for around $14 million last year.

From the NY Times' Big Deal:
--Mandy Patinkin is moving out of his rent-stabilized apartment where he stayed for 28 years. After looking at 53 apartments in nine days he and his wife settled on an Upper West Side three-bedroom co-op which was listed at $1.695 million.
--Jamie-Lynn Signer has purchased a two-bedroom apartment on Leonard Street in TriBeCa for  $2.15 million.

From the LA Times Hot Property:
Kelsey Grammer has sold his  Beverly Hills-area home for about $25 million. The house has seven bedrooms, an elevator, a gym, a lanai, a library, a media room, an office, a wine cellar and five fireplaces.
--Sam Gores, president of the talent and literary agency Paradigm has bought a Wallace Neff-designed home in Beverly Hills for $16.5 million. The grounds include a studio/guest house, a greenhouse., a formal Italian garden, a reflecting pond and a pool.
--The former La Habra Heights home of potato chip queen Laura Scudder is on the market for $3.5 million. The home has rough-hewn beams, tiles from the Caribbean and a massive fireplace (shown above). The listing is here.