A 5-acre equestrian compound once owned by Kelsey and Camille Grammer is on the market for $19.95 million in Malibu.
The 5-acre grounds hold a 1940s French country-inspired home, riding arena, six-stall barn, carriage house, guesthouse and bathhouse.
The pair paid $4.5 million for the estate in 1998 a year after getting married, records show. The property has waffled on and off the market frequently since then, most recently selling for $12.94 million four years ago. A two-story ballroom topped by a crystal chandelier serves as the centerpiece, and there’s also a formal living room, formal dining room and wood-paneled library. The double-island kitchen — complete with wood beams and an indoor-outdoor breakfast nook — was designed by Wolfgang Puck.
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