Back to You star Kelsey Grammer is selling his 7,500-square foot Bridgehampton residence.  The traditional-style structure is now on the market for $16.1 million, just under two times what the multi-Emmy Award-winning actor and his wife paid for when they acquired it two years ago.

This is the latest in a string of Grammer's habitual buying and selling forays in real estate.

Kelsey Grammer has several residences in Hawaii, Beverly Hills, Colorado and upstate New York.  The 52-year old actor, who is still best known for playing the titular role of Frasier, told Hamptons Magazine back in June that he and his wife, Camille, have a rather expensive and frivolous habit of procuring and remodeling homes.

"My wife and I have a bad habit of developing and renovating homes,” Grammer said in the interview.  “It's a silly little hobby, and a little expensive, especially since we don't tend to sell them after we've bought them."

Their current property up for sale stands on 1.67 acres of land, has a heated Gunite pool, blue-stone terracing, a separate pool cottage with two fireplaces and a sunken Har-Tru tennis court.  The Grammers originally purchased it for $8.5 million in 2005. It is now listed with Faye Weisberg of Sotheby's International Realty's Bridgehampton office.

In other news, Good Day Austin's Fly Away to L.A. with Back to You contest ends tonight.  The promo, which began last Thursday, October 4, is open to legal Texas residents 18 years and above.  The mechanics are simple.  Viewers of Good Day Austin which airs daily from 7am to 9am, simply have to answer a question about the show, for the chance to win a trip to Hollywood worth $1,500 to attend a taping of Back to You.  The winner will be announced on tonight's episode of Back to You.


-Rosario Santiago, BuddyTV Staff Columnist
Source: Newsday, My Fox Austin
(Image Courtesy of Newsday)