What’s the deal with a-list celebrities selling their Telluride vacation homes lately? Shortly after Tom Cruise relisted his slice of Rocky Mountain heaven, Jerry Seinfeld and his wife Jessica have also put their divine ski retreat on the market at almost $15 million. A four-bedroom guesthouse on an adjoining property is being sold separately for $2.775 million.
Both of Seinfeld’s Coloradan properties are located within the ultra-exclusive and whimsically named — not to mention expensive — Raspberry Patch enclave, about 30 minutes by car from Cruise’s ranch. The larger parcel encompasses nearly 27 acres of rugged park-like land anchored by a 12,300-square-foot mansion composed of several connected Rocky Mountain-style structures . The 11-bedroom spread, which has a total of 12.5 baths, is offered with all of its comfortably unpretentious furnishings. The guesthouse, which the Seinfelds used as a caretaker’s cottage, sits on 17 acres with four bedrooms and three bathrooms in close to 3,200 square feet.
The couple purchased their Colorado vacation properties back in the late aughts, paying $7.55 million for the larger estate and $2.3 million for the guest cottage. They extensively remodeled the compound before first listing it in 2011 with an $18.3 million asking price. After lingering on the market for months with no takers, the Seinfelds decided to hang onto the hotel-sized mountain compound for another decade, until now. As Telluride-based listing agent Bill Fandel of Compass told The Wall Street Journal, “Recognizing the strong demand for properties, they felt this was a good time,” — in other words, the Telluride real estate market is piping hot and the Seinfelds are looking to cash in!