Who will be the new master of Jerry Seinfeld’s (Telluride) domain?
It could be you, if you have $18.25 million burning a hole in your pocket.
America’s favorite funny man, the stand-up comedian who starred in his hit show about “nothing” from 1989 to 1998, has placed his Telluride spread on the market – not that there’s anything wrong with that. His real estate agent isn’t saying why Jerry is selling it during this depressed market – or whether Jerry cracks him up when he delivers comments from prospective buyers.
No comment on why Jerry is selling
“I have a confidentiality agreement in relation to that listing,” said Bill Fandel, the listing broker with Sotheby’s Intrenational Realty in Telluride. “Sorry, I will have to defer with a ‘no comment’ reply.”
On his website, Fandel describes the estate this way: “Set upon 26 park-like acres, this family compound is one of the foremost estates within the Telluride Region. Designed as an evolving series of Western ranch structures, the property has just undergone a multi-million dollar expansion & upgrade, which dramatically enhanced its timeless sophistication. The home frames breath-taking views of Sunshine & Wilson Peak, while a manicured trail system winds through the towering aspen & spruce trees down to a flowing creek. Offered fully-furnished. Shown to qualified parties by appointment only.”
Fandel lists the home as having 11 bedrooms, 12.5 bathrooms and more than 7,000 square feet in size. It may be quite a bit more than 7,000 square feet. According to public records, it is a 12,260-square-foot home. Records show that “Seinfeld, the Jerry Living Trust” paid $7.55 million for the home on 26.84 acres on June 29, 2007. (Remember, he just finished a multi-million dollar renovation, which might help explain why he is asking so much more than what he paid in 2007 when mountain resort properties were still hot.)
Records also show that on April 10, 2008, Seinfeld paid $2.3 million for 17.57 nearby acres. That parcel included a much smaller, 3,198-square-foot house. Records also show that one of Seinfeld’s neighbors is Barry Sonnenfield, the filmmaker, director and writer, who among other things, directed hits such as Men in Black.
Of course, we don’t know if Seinfeld is willing to haggle on the price. But even if he willing to take a haircut, he won’t worry where his next meal is coming from. Forbes magazine puts his net worth at $800 million and says he is on track to earn $70 million this year – a substantial figure, even if it $5 million less than what he earned in 2010.
Contact John Rebchook at JRCHOOK@gmail.com