Kimora Lee Simmons Is Flipping Out...Again

SELLER: Kimora Lee Simmons
LOCATION: Lime Orchard Road, Beverly Hills, CA
PRICE: $5,900,000 (reduced from $7,750,000)
SIZE: 5,923 square feet, 5 bedrooms, 8 bathrooms (per listing)
DESCRIPTION: Captivating country home remodeled to perfection. This wonderful family home is located in a guard gated celebrity enclave. Gated courtyard entry with sitting area and fireplace. Two-sty entry, formal living room w/ f/p, formal dining room and wet bar. Brand new gourmet kitchen with top of the line appliances opens to breakfast room, media/family room. Dark hardwood floors, large spacious master, beautiful bathrooms, wainscoting, leaded glass windows, great swimming pool and room for a tennis court.

YOUR MAMAS NOTES: A few weeks ago, our always well informed, funny and ridiculously reliable Fairy Godmother in Beverly Hills told Your Mama that wild and wacky bling queen Kimora Lee Simmons and her tall, dark and smoking hot man-friend Djimon Hounsou were out poking around and touring ten million dollar properties in the Bev Hills area.

Then late last night we received a secret communique from F.G. in B.H. that the former model turned fashion mogul put her 5 bedroom and 8 bathroom crib in the Bev Hills (Post Office) on the market with a $7,750,000 asking price. Many of the children will recall that Miz Simmons just bought this house in August of 2007 when she forked over the full $5,900,000 asking price for the 5,923 square foot "Country English" style residence on guard gated Lime Orchard Road.

Behawtcha's house gurl barely had time to organize Miz Simmons' damn shooz and other sparklee things and now it's time to pack 'em all up again. Pleeze. Your Mama would bet our long bodied bitches Linda and Beverly that is one bleary eyed and i-rate house gurl.

Anyhoo, listing information reveals that the house, which Your Mama discussed last year when Miz Baby Phat first purchased the place, includes a double height entrance hall, a brand spanking new kitchen with top of the line appliances–What? did you think Miz Phat was shopping at Sears for a damn stove?–a large media/family room, three fireplaces, loads of leaded glass windows, newly dark-stained hardwood floors, and out back, a swimming pool. Interestingly the listing information we received says there is "room for" a tennis court. However, when Miz Simmon's purchased the place last year it already had one in place and, in fact, was being marketed as a "tennis court estate." Did Miss Thing rip the old one out? Anyone? Bueller? Bueller?

Your Mama has talked ad nauseum about this little celebrity enclave on Lime Orchard Road. By now all the children should know that when not following her football stud beau-friend Tony Romo around, fast fading singer/ack-tress Jessica Simpson lives in the gorgeous house next door to Miz Baby Phat, around the corner is Hollywood honcho Tom Freston, up the road is mega music manager Guy Oseary and music maestro Ron Fair recently had his contemporary Lime Orchard Road house on the market for $4,795,000, and it now appears to be in escrow.

The bi-racial bombshell's insanely opulent 35,000 square foot mansion in Saddle River, NJ–the one she shared with her soon to be ex-huzband Russell Simmons and their two kiddies–is still on the market with an asking price of $19,888,000 (reduced from the $23,888,000). Apparently there just aren't that many $20,000,000 buyers in New Jersey who desire 10 bedrooms, two swimming pools (indoors and outdoors, baby), a customized movie thee-ay-ter, and a garden room with a freaky fireplace mantle that looks like the gaping maw of a lion. Ugh.

These Lime Orchard Road properties seem to be quite desirable among the rich and the rich and famous, so while Your Mama thinks it's kinda unseemly for Miz Baby Phat to ask a whopping $1,850,000 more than she paid for the place 10 months ago, we still think this place will sell quickly...and at a profit.