Found just down the street from the Playboy Mansion, the estate shares a border with Los Angeles Country Club. Spelling eventually sold the home to Petra Ecclestone, daughter of Formula One billionaire Bernie Ecclestone, for $85 million in 2011. When someone spends more than $100 million on a home, their identity usually trickles out at some point, but the Manor’s owner remains unknown.
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After listing the home for $200 million in 2016, then dropping it to $175 million last summer, the lavish, French château-style home known as “Spelling Manor” is now back on the market for a still jaw-dropping $160 million. Candy Spelling eventually sold the mansion in 2011 to to Petra Ecclestone, daughter of Formula One billionaire Bernie Ecclestone, for $85 million in cash. The Manor, a W-shaped mega mansion, sits on 4.7 acres in the exclusive Holmby Hills area of the city and is located just down the street from the Playboy Mansion. A landmark Los Angeles mansion once owned by TV mogul Aaron Spelling and built on top of Bing Crosby’s old home is on sale for a staggering $165m.
Mansion built by Aaron Spelling on top of Bing Crosby’s old home goes on sale for $165m - The Independent
Mansion built by Aaron Spelling on top of Bing Crosby’s old home goes on sale for $165m.
Posted: Wed, 23 Feb 2022 08:00:00 GMT [source]
There’s nothing like an L.A. estate sale: How to find true treasures at the best price
"But she told me that she was afraid of them – she felt like they were watching her in her room." "I spent four years, 24-7, planning this house," she said at the time. "Now I need something smaller – just for me. I'm going to have to give up some things, but it's time for a change."
See Inside the Spelling Mansion! Aaron, Candy and Tori's Former Home for Sale for $160 Million
(The two are also collaborating on 151 Bay Street in Jersey City’s Powerhouse Arts District.)Pricing for residences at the Rockwell range from $1.175 million for one-bedroom units to over $4 million for a three-bedroom. Construction topped out in September 2022, and occupancy is expected by spring 2024. The lowest of them carves into the side of a hill and is illuminated by 15 skylights. Up a spiral staircase—and past a secret bedroom behind a painting—is the so-called cabin level, home to a redwood timber–framed kitchen.
The 14-bedroom, 27-bathroom abode has been on-and-off the market for years. Currently, the house is co-listed by Jade Mills of Coldwell Banker Residential Brokerage, David Parnes and James Harris of The Agency, and Kurt Rappaport of Westside Estate Agency, and has an asking price of $160 million. While Candy was living there, the manor also had a pool room, bowling alley, screening room and beauty salon. Her home also featured a 40-foot-high foyer, which was designed after Gone with the Wind's O'Hara Plantation. He 56,000-square-foot estate was once home to the late TV producer Aaron Spelling, his wife Candy, and their children Randy and Tori.
That was the highest home price in Los Angeles County history at the time (dethroned by Jeff Bezos’ $165 million purchase of the Geffen estate in 2020) and only the fourth sale to surpass the $100 million mark in L.A. Ironically (or maybe very much on purpose), the initial $165 million listing price is the exact amount Jeff Bezos paid for his Beverly Hills mansion in 2020, a purchase that dethroned The Manor as the most expensive home sold in Los Angeles. The massive Holmby Hills property -- now known simply as "The Manor" -- is bigger than the White House and is considered to be the largest single-family home in Los Angeles, with a mind-numbing total of 123 rooms.
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"I'm not sure I like to see a lot of portraits of the owner all over homes," says Spelling. "But when Andy Warhol asked to paint my portrait, I couldn't refuse." After a day of sitting for the artist, who took hundreds of photographs, she was "so nervous" about what the 1973 painting, now hanging in the pool room, would look like. Spelling has three gift-wrapping rooms in the home, including the smallest for everyday gifts (pictured).
Legendary Spelling Manor Estate In Los Angeles Lists For $165 Million - Forbes
Legendary Spelling Manor Estate In Los Angeles Lists For $165 Million.
Posted: Tue, 10 May 2022 07:00:00 GMT [source]
Currently, Jade Mills of Jade Mills Estates holds the listing with a $160 million asking price. Ms. Ecclestone oversaw a massive renovation with Gavin Brodin, an L.A.-based designer-builder, who employed more than 500 workers, according to The Wall Street Journal. She created a beauty salon in the room where Ms. Spelling housed her enormous china doll collection, but Ms. Ecclestone preserved Aaron Spelling’s film editing room behind the screen of the movie theater, complete with his hand-written notes. The 14-bedroom, 27-bathroom residence last sold in 2019 after four years on the market. The $120 million sale set a record at the time for the priciest property in Los Angeles, according to reports.
It was sold to an unidentified Saudi Arabian buyer, The Wall Street Journal reported. 250 East 21st Street, a new 54-unit boutique building in New York’s Gramercy Park, has seen meteoric sales velocity, with 90% of the residences sold since the launch in April 2022. Now the Issac & Stern–designed building is unveiling a new four-bedroom model residence in the building. One of the most iconic compounds in Los Angeles could be yours for at a (slight) discount. On January 14, the list price for Aaron Spelling’s former Holmby Hills mansion—known as Spelling Manor or just “The Manor”—dropped by $10 million.
But even though a few years have passed since the purchase, nobody really found out who bought the lavish estate. Maybe the hype around the re-listing of The Manor will shed some light on who the owner is — or give us a buyer whose fame and fortune can match those of its illustrious past residents. According to Sam Palmer, Petra’s fiancé at the time, who shared the home with the heiress, running an estate as massive as The Manor takes a lot of resources. In the late ’80s and early ’90s, the massive estate may not bring back memories. But for the people of Los Angeles, The Manor has been a hot topic for years.
The 56,000-square-foot mansion, built for Spelling by architect James Langenheim, is now being offered for $155 million, down from $165 million when it was first put on the market last February. From high-profile sales launches to exciting listings like “The Manor” house, there is always something new happening in the world of real estate. Ecclestone’s improvements included the addition of a gym, a beauty salon with massage area and tanning rooms, a wine cellar with tasting room, a two-lane bowling alley and a night club.
In 2019 the Manor became the most expensive ever sale in Los Angeles County when Ms Ecclestone sold it for $119.75m. Hilton & Hyland is an exclusive member of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes. An expansive motorcourt at the entrance to the mansion centers on a fountain. The storied Spelling Manor sits on close to five acres in the Holmby Hills neighborhood of Bel-Air.
New York had the fourth lowest ranking after Rhode Island, Connecticut, and Illinois, clocking in at just 2.02 new homes under development per 1,000 residents. Meanwhile, California was in the 38th position with a modest 3.08 new builds. The residence’s European styling and prewar charm blend well with Gramercy Park, “an iconic neighborhood that is both rich in history and beauty,” says John Gomes of The Eklund-Gomes Team at Douglas Elliman, which is handling sales. The development is part of a new joint venture between Toll Brothers and Sculptor Real Estate.
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