Santa Ynez-- H-e-r-e’s Doc!

Trumpeter DOC SEVERINSEN, who will leave “The Tonight Show” in May with his band when longtime show host Johnny Carson retires, has purchased a ranch in the Santa Ynez Valley and sold his Hollywood Hills home.

Severinsen, who has been on the NBC show since it started in 1962, will take the band on tour in June. They have two albums coming out this fall. He will also succeed Mitch Miller as the main pops conductor for the Buffalo Philharmonic Orchestra.

The trumpeter/bandleader bought a ranch near singer Michael Jackson’s for about $1 million and sold a 5,000-square-foot Mediterranean villa, built about 30 years ago in Nichols Canyon, for an estimated $1.5 million.

The Hollywood Hills home, which Severinsen owned for about a dozen years, has three bedrooms, a library and two-story living room in the main house. It also has a guest house, swimming pool and city views.

Mark Egan, executive producer of the TV sitcoms “Newhart” and “Alice,” paid full price for the home and bought it the first day it was on the market, sources said.

Egan was already living in Nichols Canyon, in a smaller version of Severinsen’s former residence. Egan’s home, now on the market at $1,195,000, was built 25 years ago by the same builder, Fred Smathers, and has three bedrooms in about 3,000 square feet and a swimming pool.

Timothy Enright of the Enright Co. represented Egan in the purchase and has his listing; Bill Franklin of Jon Douglas Co.’s Sunset Strip office represented Severinsen in the sale of his home. Neither realtor was available for comment.

The sale of a Bel-Air house that MADONNA nearly bought last year for $8-million plus has been approved in court at $6.8 million.

The buyer is Sir Gordon White, chairman of the U.S. division of Hanson Trust PLC, which became one of Britain’s largest firms by buying and selling dozens of companies.

Madonna, who lives in a modest house in the Hollywood Hills, had planned last August to buy the home, but the deal fell out of escrow. The pop star has been house hunting since.

The Bel-Air home had been owned by Abraham Lurie, Marina del Rey’s largest developer with holdings representing nearly one-fifth of the marina.

Last June, while in a battle with his Saudi partners for control of the properties, Lurie filed for bankruptcy. He was also involved in a divorce.

The house, a French villa with three bedrooms and two maids’ quarters in nearly 10,000 square feet, is on a four-acre, private knoll overlooking the Los Angeles Basin. It has city-to-ocean views, a tennis court and a swimming pool.

White, who has homes in London and New York City, also owns a home in Beverly Park, a gated and guarded community overlooking Beverly Hills.

He bought that house new for $7.15 million in 1989 and almost immediately put more than $3 million into refurbishing it and adding a guest house. He also reportedly put several millions of dollars into its decor.

He plans to sell that house for $15 million and has already shown it to Madonna, sources say.

RONNIE LOTT, All-Pro strong safety for the Los Angeles Raiders who was voted American Football Conference Defensive Back of the Year, has put his newly built Brentwood house on the market at just under $2.5 million.

Lott, who was an All-American player when he was at USC, played for the 49ers for 10 seasons before joining the Raiders last year.

The Brentwood house, an Italian villa, was designed two years ago to be his Los Angeles home, but since then he bought a newly built contemporary home in Cupertino, got married and became the father of a girl.

Now he and his wife have decided to make their permanent residence in Cupertino, said Liz Stewart-Armato, who designed and built the five-bedroom, 8,500-square-foot Brentwood house, with a two-story great room, four fireplaces and a swimming pool.

Stewart-Armato, with Asher Dann & Associates in Beverly Hills, is also the listing broker.

IAN KELLY--an English video engineer for “Back to the Future II,” “Batman II,” “The Bear” and the upcoming “Death Becomes Her,” starring Goldie Hawn, Meryl Streep and Bruce Willis--has become a first-time homeowner with his purchase of a Laurel Canyon home.

The bachelor bought a three-bedroom cottage, surrounded by redwoods, for just under $400,000 from Jay Levin, founder of the L.A. Weekly.

Levin lives in Malibu now, according to Evelyne Bostok of Dalton, Brown & Long, who represented Kelly.

“Casa Lo Bello,” the Montecito estate where silent-screen star MARIE DRESSLER lived during Hollywood’s Golden Age in the 1930s, has been put on the market at $1,695,000.

Built in 1930, the mansion has a 90-foot-long grand hallway, a 30-foot-long dining room, huge mirrored closets designed for Dressler’s gowns, and a wet bar with a gated veranda. The home also has nine bedrooms in about 7,000 square feet.

It has been owned by art collector/dealer Martin Fiscoe for the past 25 years. Fiscoe has already relocated.

Bob Stevens has the listing in Steve Schmidt & Co.’s downtown Santa Barbara office.