Actor Kelsey Grammer, who buys and sells real estate the way kids in the 1970s swapped baseball cards, is at it again, placing This mansion in Bridgehampton, N.Y. on the market for $16,100,000.


The New York Post's fine celebrity real estate columnist Braden Keil this morning broke the story of Grammer's listing of the seven-bedroom house at either 7 Morgan Way or 7 Morgan Hill Way (depending on which public records database one consults) in Bridgehampton, which the actor purchased in early 2006 for $8,517,000, according to public records.


Situated on a 1.7-acre lot, Grammer's two-story, 8,000-square-foot house has seven and a half baths, a great room, a lower level home theater with a fireplace, a playroom with a full bath, a gym, a wine cellar and a gourmet eat-in kitchen with SubZero, Wolf and Miele appliances, a large center island and white classic marble hand-finished countertops, according to listing information and Keil. Other features include at least six fireplaces, an elevator, two staircases, crown moldings, a two-bedroom staff quarters and a master suite with a fireplace and its own library/sitting room, private deck and master bath with steam bath and Jacuzzi, according to listing information and Keil. Outside are a three-car garage with an elevator, expansive blue stone terracing, a sunken Har-tru tennis court, a heated gunite pool and spa, a gazebo that overlooks the tennis court, and a pool 'cottage' with two fireplaces, Keil reported.

Check out the listing sheet for the house -- complete with photos -- here. And, take a look at a listing sheet for the newly built house from 2005 -- back before Grammer purchased it -- here.

With Grammer regularly filming his new sitcom, 'Back to You,' in Los Angeles, we have wondered just how much time he would be able to devote to the Bridgehampton home. (Clearly, we now have the answer.) Plus, as we have reported in the past, Grammer has built quite a reputation for buying property and then turning right around and selling it after a short amount of time -- the most obvious and obnoxious example, of course, being his purchase in early 2004 of a newly built, eight-bedroom, 17,831-square-foot (or 19,040-square-foot, according to listing information) Neo-Tuscan-style mansion on 3.013 acres at 80 Beverly Park Lane above Beverly Hills, Calif., only to bizarrely turn around and sell the house two years later for $22 million (in an April 2004 article in the New York Times, Grammer described the Beverly Park neighborhood as 'high-end tract housing' and told the reporter, 'I'm not the kind of guy who lives in a house like this.')

So, what kind of a house *does* a guy like Grammer live in? In a June 26 post, we provided a comprehensive list of all the buying and selling that Grammer has done over the years, although subsequent events over the summer -- and now, his listing of the Bridgehampton mansion -- have ensured that the situation remains fluid. Check out our July 3 and August 28 posts about more recent transactions that Grammer has undertaken.

The bottom line, however, is that Grammer's principal residence is a 6,645-square-foot house on 4.77 acres at 3250 Serra Road in Malibu, Calif., which he purchased through his Fossil II Trust in 1998 for $4,500,000. He also paid $13,700,000 in May 2007 to buy a 10,567-square-foot mansion at 261 Baroda Drive in Los Angeles' Holmby Hills from a baking-soda heir, and he also owns 188.15 acres on Weaver Hollow in Andes, N.Y. in Delaware County. He also owns some property in Hawaii and owns an 8,230-square-foot house on a 1.67-acre parcel at 228 Tall Timber in Avon, Col., which his Fossil II Trust purchased in May 2002 for $5,350,000, according to public records.