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Kelsey Grammer slashes the price of luxury Malibu estate by $7m as it FINALLY sells for $13m... four years after he split from ex-wife Camille

Published: 18:45 EST, 7 December 2015 | Updated: 20:24 EST, 7 December 2015

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They split in very public fashion more than four years ago.

But Kelsey Grammer has only just managed to offload the exclusive five-acre Malibu estate he once shared with ex-wife Camille Grammer.

The home sold for close to $13 million, $7million less than it was originally listed for.

However the Frasier star is certainly not out of pocket - the final sale price was more than three times what he and Camille paid back in 1998.

The scenic spread with ocean views includes a swimming pool, a horse barn, an 18th century stone temple and a Monet lily pond, according to the real estate listing.

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Stunning: Kelsey Grammer and ex-wife Camille have sold their Malibu estate for just under $13 million, more than three times what they paid for it in 1998

Classic: The five-acre spread features a Monet-inspired lily pond and an 18th-century stone temple

Split: The Frasier star and the former Playboy model wed in 1997 and divorced in 2011

Kelsey and Camille, who starred on Bravo's The Real Housewives Of Beverly Hills, divorced in 2011 after 14 years of marriage and two children.

The former Cheers star has since remarried and has a daughter Faith and son Gabriel with fourth wife Kayte Walsh.

The Malibu property had been listed several times since the now former couple purchased it, first in 2004 for $20 million and again in 2012 for just under $17 million, according to the LA Times.

It finally sold last month for $12.94 million with Camille confirming to Bravo that she's moving on.

Luxury retreat: The property boasts a swimming pool and hot tub surrounded by lush landscaping

Room to ride: There's a nine-stall horse barn and a dressage ring

Space for visitors: A detached guest house has its own private patio and offers several bedrooms, a kitchen and a living room

Situated behind the gates of the star-studded enclave of Serra Retreat, the main house sits on the Pacific coastline nestled among the Santa Monica Mountains.

The 6,545-square-foot home has a kitchen designed by celebrity chef Wolfgang Puck, a library, a movie theatre, four bedrooms and six bathrooms.

There's also a detached guest house with a kitchen living room and several bedrooms and a private patio with a rooftop deck.

The amenities include a five-car garage, a swimming pool, a lighted tennis court and a nine-stall horse barn with a dressage ring and the Monet-inspired lily pond.

Perfect for cooks: Celebrity chef Wolfgang Puck designed the gourmet kitchen with its eat-in breakfast bar, huge granite counter tops and stainless steel appliances

Airy: The oak-paneled living room opens to the first-story

Expansive: The spacious home features several staircases, accents of natural wood and plenty of glass doors and windows

Bring the popcorn! The home theatre is perfect for screening movies for friends and family

The luxury estate was featured in season one of The Real Housewives Of Beverly Hills when Camille gave her co-stars on the reality series a tour of her home.

The ladies were impressed with the scale of the property and its lavish furnishings.

Camille will be back in a guest role on the upcoming season six of the show.

Showcased: The beautiful abode was shown on the first season of The Real Housewives Of Beverly Hills when Camille gave her fellow cast members a tour of the estate