Russell Simmons Selling Phat House

4/9/2007 8:25 AM PDT

Russell Simmons Selling Phat House

TMZ has learned that Hip-Hop mogul Russell Simmons is selling his monster mansion in Saddle River, N.J.

Simmons, who split with wife Kimora Lee just over a year ago, is unloading this 35,000 sq. ft. estate for a whopping $23.8 million. The home, listed on Sotheby's website, sits on 4 acres, features 10 bedrooms and 8 bathrooms.

The property includes a custom movie theater, popcorn machine, indoor and outdoor swimming pools with waterfalls, caves and a Jacuzzi. Plus, there's a professional gymnasium, large wine cellar with sit-down tasting area, and a sophisticated security system with cameras.

Divorce attorneys not included.