John Cleese sells house
John Cleese has sold his house for around half the asking price to pay for his forthcoming divorce.
The British comic actor has agreed to sell his Californian ranch - the property he lived in with estranged third wife Alyce Faye Eichelberger - for $16.5million, despite putting it on the market for $28million.
The 14.6 acres of land and property near Santa Barbara - which has a beautiful mountain view - attracted little interest before the low bid was accepted.
In the terms of the divorce settlement, Cleese may have to hand over a £1.2million New York apartment and a £2.5million house in Holland Park, London, to Eichelberger.
Psychotherapist Eichelberger is also demanding £900,000 a year and half his earnings since 1992, claiming she is used to "being entertained by royalty in castles".
Cleese insists his estranged wife is basing her demands on a "banner year" in 2007 when his earnings were boosted by voicing a character in 'Shrek the Third' and £750,000 made on a property sale.
The comedian recently spoke about his costly split, joking: "It's going to be very expensive but it will be worth every penny."
The couple split in January after 15 years of marriage and have no children together.