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BUYER: Jeffrey Katzenberg
LOCATION: Beverly Hills, CA
PRICE: $35,000,000
SIZE: 8,704 square feet, 4 bedrooms, 8 bathrooms

YOUR MAMAS NOTES: We can’t resist a big-ass real estate deal, partick because they’ve become so few and far between since the economy went swirling down the terlit largely due to exploding real estate markets and some sort of freaky financial instrument called a credit default swap that even most Wall Streeters can’t explain in a manner a lay person let alone a booze house like Your Mama can understand.

Anyhoo, word is starting to slip and slide down the gossip grapevine that Jeffrey Katzenberg, wildly successful film producer and the co-founder and current CEO of DreamWorks Animation, has dumped somewhere in the neighborhood of $35,000,000 for a 6.34-acre hilltop estate in Beverly Hills. The house, located on a promontory above the famed Greystone Mansion, was sold by Simon “Si” Ramo, the 90-something year old physicist/engineer otherwise known as the father of the Intercontinental ballistic missile.

The taxman shows Mister Katzenberg’s new crib, a single story contemporary sprawler built in 1965, measures 8,704 square feet and includes 4 bedrooms, 8 poopers, 1 fireplace and a 5-car garage. A massive motor court large enough to park a charity event’s worth of luxury whips fronts the house and there are also, natch, a tennis court and a swimming pool and spa where Mister and Missus Katzenberg can paddle about while looking out at the glittery lights of Los Angeles below.

Since the property was not on the open market, that’s about all Your Mama knows until we hear from one of our well connected snitches who feeds us a little more 411 about some of the properties details and finer aspects.

Mister Katzenberg, who is believe to be worth about eight or nine hundred million dollars, will be moving from a 5 bedroom and 6 pooper mansion in the Bev Hills flat that records show contains 9,173 square feet not counting the square footage in the two-story structure adjacent to the swimming pool. The house sits directly across from the mansion that television talking head Larry King–who has been married 8 times to 7 women and looks about 30 years older than he is–and his much younger wife Shawn bought in February of 2007 for $11,500,000.

Mister Katzenberg and the Missus also own a uber-modern Gwathmey Siegel designed spread sitting on 150-feet of Carbon Beach, Malee-boos most expensive stretch of sand. The forbidding front facade that faces Pacific Coast Highway peels open to a courtyard flanked and surrounded on one side by the main house and on the other the guest quarters. Together the two structures form an ocean side courtyard with a swimming pool, and a good sized swathe of unnaturally green grass. Property records show the compound contains almost 10,000 square feet of interior space with 5 bedrooms and 10 bathrooms. Lo-ward have mercy, that’s a lot of damn terlits in a weekend house. Anyhoo, Gwathmey Siegel also designed a Utah wilderness house for Mister Katzenberg, although we’re not certain where exactly that house is.

Your Mama wonders if Mister Katzenberg has already sent Mister Siegel a retainer…Hmm. Anyone? Bueller? Bueller?