Debbie Reynolds’s Family Ranch to Hit Auction Starting at $4M

Late singer-actress Debbie Reynolds’s family ranch and a dance studio in California will hit the auction block next month.

The Creston, California-ranch has more than 44 usable acres with irrigated pasture the family bought in 1988, according to Todd Fisher, Reynolds’s son and an actor and director. The main residence has a custom home theater, a library and a gym.

"For the past 30 years, we added on accommodations, including an entire wing for Carrie," Mr. Fisher, 59, told Mansion Global. "It is a special place for everyone to come for the family get-together. We celebrated many Christmases there."

The property, which houses many of Reynolds’s museum collections, also includes a guest house, a caretaker’s house, an art studio and a media production facility, Mr. Fisher said.

Reynolds, the 1950s girl-next-door who rose to fame for roles in "Singin’ in the Rain" and "The Unsinkable Molly Brown," suffered a stroke and died at the age of 84 on Dec. 28, just one day after the death of her daughter, Carrie Fisher.

"What is great about the ranch is that it comes with water rights," said Joe Maddalena, owner of Profiles in History, the auction house that will be auctioning off some of Reynolds’s and her daughter Carrie Fisher’s personal property from Oct. 7 to 9.

"New owners can put in a winery or an equestrian center or build a dream house." The starting bid for the ranch is $4 million, according to Mr. Maddalena.

The ranch was previously listed for $4.8 million and was taken off the market in June, listing history showed.

More:David Rockefeller’s Westchester Mansion Asks $22M

Another real estate component in their personal belongings to be auctioned is Reynolds’s North Hollywood studio. The dance studio was established in 1979 and used throughout decades by performers like Lucille Ball, Michael Jackson, Madonna, Bette Midler, Cher, Usher, Mariah Carey, according to Mr. Maddalena.

The 18,000-square-foot building has six studios, a lounge area and several dress rooms and showers.

"It’s a historic, unique and giant piece of property that has huge potential for a big-box realtor," Mr. Maddalena said.

The starting bid for the dance studio is $6 million.

"We would like to keep these properties as their legacy," Mr. Fisher said. But huge tax bills just piled up because of the tragic deaths of both his mother and sister. "That’s why we have to sell them."

Separately, the mother-daughter's side-by-side Beverly Hills homes are on the market for $18 million. They are not part of the auction.