The actor lives here part-time. He purchased the 8,230 sq ft, 6-bed, 7.5 bath home through his Fossil II Trust. It was built in 1999 and is currently valued at over $6.1M. Most of his current and former real estate portfolio is featured on this site.
http://www.realtor.com/blogs/2011/03/14/kelsey-grammer-selling-colorado-ski-house-photos/