Longest yard? He doesn’t need it

Perpetually tan Burt Reynolds splits his time between Los Angeles and Hobe Sound, across the Intracoastal Waterway from Jupiter Island, Fla.

Now the actor, who has been filming the upcoming drama “Angel From Montgomery” with Willie Nelson, wants to sell his waterfront home in Florida for $15 million.

“He has too much space,” said his spokesman Jeffrey Lane. “It’s huge, and he’s a bachelor.”

Huge is right. The 12,500-square-foot compound is on 3-plus acres, bordered on the north by a national wildlife refuge. There are several detached buildings, including a main residence, two-bedroom guesthouse and gym-wine room-carport.

One building contains a theater with 22-plus seats, an office, billiards area and kitchen, overlooking a waterfall. The building also has a two-bedroom caretaker’s quarters.

A pool on the grounds has a view of the Intracoastal Waterway, where there is yacht dockage and a helicopter pad. The water frontage is 107 feet long.

Once he sells, Reynolds plans to buy a smaller place in Jupiter, maybe a penthouse at the beach. He also owns a home in Beverly Hills.

Reynolds, 69, has owned his Hobe Sound estate since 1980, when he was one of Hollywood’s most bankable stars. Among his hits then were the “Smokey and the Bandit” films and “The Cannonball Run.”

In the late ‘80s, his career slowed. He made a comeback in “Striptease” (1996) and “Boogie Nights” (1997). Reynolds, who appeared with Adam Sandler and Chris Rock in the 2005 remake of his 1974 hit “The Longest Yard,” plays opposite Ray Romano in the upcoming movie “Grilled.”

Jade Mills at Coldwell Banker, Beverly Hills, has the listing with Gene Albarelle of Prudential Florida WCI Realty.

Two estates in one in Beverly Hills

Billionaire investor Kirk Kerkorian, 88-year-old former owner of the MGM movie studio, has listed his Beverly Hills home at $25 million. The gated compound sits on 30-plus acres.

The property includes a five-bedroom, 8,400-square-foot Mediterranean, built in 1986; two tennis courts, two pools, a putting green and two guesthouses. The compound was once two residences -- one previously owned by Sylvester Stallone.

The property has “potential for future development,” according to the Multiple Listing Service.

No shortage of $10-million houses

The Knoll, once the home of oil tycoon Marvin Davis, comes out on top of Realtor Cecelia Waeschle’s list of the highest-priced single-family home sales on the Westside and in Malibu in 2005.

The Beverly Hills mansion, on 10-plus acres, was listed at $59.5 million and sold for $42 million, according to the broker, who is with Sotheby’s International Realty, Malibu. Waeschle has put together the year-end totals since 1988. Davis, who died in September 2004, bought the Knoll in the mid-’80s for about $21 million.

In 2005, there were 41 $10-million-plus sales in the area surveyed by Waeschle. In 2004, there were 25.

Among those in the $10-million-plus club are:

Steve Bing, film producer (“Get Carter,” starring Sylvester Stallone) and a member of a family that has appeared on the Forbes list of the 400 richest Americans, sold nine Bel-Air lots, including the site of comic actor Red Buttons’ former home, to a developer for a total of about $75 million.

Sandy Gallin, TV and film producer (“Buffy, the Vampire Slayer,” “Father of the Bride”), sold his Malibu home for about $30 million.

The estate of Albert “Cubby” Broccoli, producer of the James Bond films, sold the family’s Beverly Hills home for about $28 million.

Actor-director Mel Gibson bought in Malibu for $24 million.

Actress Diane Keaton sold the Colonial Revival-style home she restored in Bel-Air for close to $17.2 million.

And Larry Ellison, chief executive and co-founder of software giant Oracle Corp., continued his buying spree. He has spent at least $180 million on more than a dozen Malibu homes during the last two years. Among them was the home of Grammy-winning music producer David Foster and his wife, actress Linda Thompson. Ellison bought their 22-acre property last year for slightly more than $20 million.

To see previous columns on celebrity realty transactions, go to latimes.com/hotproperty.