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Jerry Seinfeld selling Colorado property for US$18.25 million

07-29-2011 09:09 AM CET | Industry, Real Estate & Construction

Press release from: Ocean Villas Group Pte. Ltd.

Jerry Seinfeld selling Colorado property for US$18.25 million

Jerry Seinfeld selling Colorado property for US$18.25 million

Jerry Seinfeld, the star and co-creator of hit US television show ‘Seinfeld’, has put his Colorado estate on the property market for US$18.25 million.

Nestled in the Rocky Mountains and described as “an evolving series of Western ranch structures”, the twenty six acre property boasts eleven bedrooms and fourteen bathrooms.

After he bought the estate, Seinfeld ordered a multi-million dollar renovation and expansion of the property. It now has a separate guest house, a hot tub, a steam shower and a four car heated garage.

A large patio at the rear overlooks Sunshine and Wilson Peaks, which were made famous in the Coors Brewing Company television advertisements.

The area is no stranger to celebrities as the nearby town and ski resort of Telluride is popular with the rich and famous.

Other high profile property owners in the locale include billionaire fashion designer Ralph Lauren and Hollywood couple Tom Cruise and Katie Holmes.

Jerry Seinfeld rose to fame during the 1990’s when he starred in the comedy series ‘Seinfeld’.

Co-written by Larry David, the show aired on NBC between July 1989 and May 1998. It ran for nine seasons and one hundred and eighty episodes.

The show is set in a fictional apartment block in Manhattan and features Seinfeld’s friends; George Costanza (Jason Alexander); ex-girlfriend Elaine Benes (Julia Louis-Dreyfus); and Cosmo Kramer (Michael Richards).

The show was so successful that the final episode was watched by over seventy six million viewers. This made it the third most watched finale in television history after M.A.S.H and Cheers.

According to Forbes magazine, Seinfeld’s earnings from the show in 2004 were US$267 million, making him the highest earning celebrity that year.

The comedy received numerous awards including; the Emmy Award for ‘Outstanding Comedy Series’ in 1993; the Golden Globe Award for ‘Best TV Series Comedy’ in 1994; and the Screen Actors Guild Award for ‘Outstanding Performance by an Ensemble in a Comedy Series’ in 1995, 1996, 1997 and 1998.

Due to its high viewing figures, the show became the first TV series to command over US$1 million a minute for advertising.

The show still generates revenue through syndication and DVD sales.

Seinfeld has been repeatedly offered as much as US$5 million per episode to film a tenth series but he has always refused.

More recently Seinfeld co-wrote the computer animated film ‘Bee Movie’. Jerry also provides the voice for the lead character, Barry B. Benson, alongside Renee Zellweger, John Goodman and Chris Rock.

Rebecca Smith

Rebecca Smith is a real estate journalist and author with over 15 years’ experience. She has published 3 books to date:

'The Definitive Guide to buying property in Thailand' - http://blog.oceanvillasgroup.com/the-definitive-guide-to-buying-property-in-thailand/

'10 simple ways to slash your marketing costs and sell more property' - http://www.ovgmarketing.com/10-simple-ways-to-slash-your-marketing-costs-and-sell-more-property/

'The Definitive Guide to buying property in Phuket' - http://blog.phuketoceanvillas.com/the-definitive-guide-to-buying-property-in-phuket/

Rebecca is currently the sales director for Ocean Villas Group and Phuket Ocean Villas.

Level 31,
6 Battery Road,
Raffles Place,
049909,
Singapore

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