Jerry Seinfeld's Colorado Estate on the Market
Jerry Seinfeld's self-titled sitcom and huge syndication royalties have allowed him to amass a collection of cars and homes that would make George Costanza scream with jealousy. For a few million dollars, you can own one of the premiere houses built with funds from a show about nothing.
The actor and comedian recently listed his Telluride, Colorado estate for $18.3 million. The home underwent a renovation and expansion in 2009, giving potential buyers the best in modern amenities. This is the latest of Seinfeld's properties to be listed for sale; just last May, 2010, he sold his L.A. bachelor pad for $5.4 million.
The 14,200 square foot interior of the Colorado estate boasts 11 bedrooms, with 11 full baths and three half baths, four fireplaces and a stunning great room with exposed wood ceilings. Huge windows frame every room, offering gorgeous views of both Sunshine and Wilson Peaks.
And the perks and unbelievable features don't end there. With a fully furnished basement, guest house, seven parking spaces and private road access, the lucky buyer will have plenty of room and privacy to entertain famous friends.
Telluride may have started off as a mining town, but with its rebirth as a ski destination in the 1970s it has become a year-round resort haven. Telluride offers fun no matter what your outdoor interests: ride an all-terrain vehicle down Black Bear Road, bike and hike Bear Creek Trail or ski the 7.5 miles of the Nordic Trail System. And if you're not into outdoor sports, don't worry. Telluride plays host to over 20 festivals a year, celebrating everything from yoga to bluegrass.
The Old Western outdoor spirit of Telluride has not been lost on the Seinfeld home - hiking trails meander through the aspen and spruce trees that litter the property, and a winding creek offers a quiet respite for reflection and relaxation. An enormous 5,000 square foot deck ties the indoors and outdoors together, and the eco-friendly construction assures that nature's splendor is preserved.
This enormous compound is only a small part of Seinfeld's massive real estate portfolio. In May of 2000, Seinfeld and his wife shelled out a whopping $25.6 million to purchase the 8.47 acre East Hampton, New York oceanfront estate of Billy Joel. According to Real Estate Stalker, the Seinfelds also own a townhouse in New York, a warehouse building in Los Angeles (perhaps to house the comedian's Porsche collection?) and a ranch house in wife Jessica's hometown of Burlington, Vermont. The total cost of acquiring this high-end stock of homes? Over $35 million, and that's not counting the Telluride estate for which we could not obtain purchase price information.
Like most multi-million dollar estates, Seinfeld's home is available by appointment only to pre-qualified buyers. Yada, yada, yada.
If you had $18 million to spend, would you buy the iconic funnyman's estate?
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Ilyce R. Glink is the author of several books, including 100 Questions Every First-Time Home Buyer Should Ask and Buy, Close, Move In!. She blogs about money and real estate at ThinkGlink.com and The Equifax Personal Finance Blog, and is Chief Content Strategist at RealtyJoin.com, a community for real estate investors.