Spelling Mansion, Nation's Priciest, Finds a Buyer

The Manor had been on market since 2009 for $150M

By Polly Davis Doig,  Newser Staff

Posted Jun 14, 2011 6:59 AM CDT

(Newser) – It's probably just like your first house: 57,000 square feet, double staircase inspired by Gone With the Wind, parking for 100, bowling alley, beauty salon, flower-cutting room, gift-wrapping rooms, etc. But all this can no longer be yours for the paltry price of $150 million, as the iconic home—the highest-priced in the country—of late television producer Aaron Spelling and his wife, Candy, has gone under contract.

Candy Spelling had signaled her intent to sell in 2008, and officially listed The Manor, as it's known, in 2009. The sale price is unknown until the deal closes, but Spelling had stuck to her $150 million mark even as the LA real estate market took a drubbing in the housing crisis. The buyer is Petra Ecclestone, the 22-year-old daughter of the founder of Formula One racing, notes the Wall Street Journal. She'll live there part time. Click for more on The Manor and its 27 bathrooms.

Aaron and Candy Spelling's iconic mansion stuck to its $150 million asking price through the market downturn. The Manor, as it's known, is now under contract.   (Realtor.com)
Petra Ecclestone will now have her own flower-cutting room.   (Getty Images)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
65%
3%
9%
17%
3%
3%
To report an error on this story, notify our editors.

NEWS FROM OUR PARTNERS
Other Sites We Like:   The Street   |   MSN Living   |   PopSugar Tech   |   RealClear   |   24/7 Wall St.   |   Biography   |   Barstool Sports   |   OK!