Hot Property: Grammy-winning producer lists Thousand Oaks home for $7,995,000

If the true mark of success is the ability to evolve and reinvent yourself, move Jimmy Jam (Harris) to the head of the class. The three-time Grammy-winning songwriter, record producer and musician is half of one of the most successful duos in modern music history – Terry Lewis being the other half.

Jam and Lewis have been around for decades, making music for themselves and a wide variety of artists.

The duo has scored hits for Janet Jackson, Bryan Adams, Mary J. Blige, the Isley Brothers, Sting and Usher.

Now Jam would like to score a hit on the real estate front. He and his wife, Lisa, are selling the 20-acre property they own in Thousand Oaks for $7,995,000. It is a gated ranch adjacent to the Sherwood Country Club.

The couple tore down the existing house, and plans have been approved for a 17,000-square-foot estate with a 2,500-square-foot guesthouse. There are existing barns and horse facilities.

Barbara Tenenbaum of Coldwell Banker, Beverly Hills East, and Nicole Van Parys of Coldwell Banker, Westlake Village, have co-listed the property.