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Wolfgang Puck
Kelsey Grammer tries lowering his asking prices
Kelsey Grammer tries lowering his asking prices

Kelsey Grammer continues his whirlwind of real estate activity, popping properties on and off the market. The latest to rejoin the swirl is an estate in Malibu’s gated Serra Retreat community, listed at $14.995 million. Set on 4.75 acres in the upscale enclave, the main house features a kitchen designed by celebrity chef Wolfgang Puck, a library, a home theater, four bedrooms, six bathrooms and 6,645 square feet of living space. There is a detached guesthouse, a lily pond with an 18th-century stone temple, a swimming pool, a tennis court, a nine-stall barn and a riding ring. The property was listed in 2004 for nearly $20 million and last year at close to $17 million. Grammer...

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