Spelling manor being sold to 22-year-old heiress

This is truly gag-worthy: The 57,000-square foot Holmby Hills mansion will be the home of Petra Ecclestone, whose father is British billionaire and Formula One racing boss Bernie Ecclestone. Purchase price was not disclosed, though the property has been priced at $150 million. The home, which sits on five acres, has a bowling alley, beauty salon, several gift-wrapping rooms and parking for 100 cars. Candy Spelling and her producer husband Aaron bought the property in the early 1980s and tore down the existing house to build the French chateau-style home in 1991. From WSJ:

Petra Ecclestone also has a six-story house in London's Chelsea neighborhood purchased for £56 million ($90.9 million), according to press reports. In 2004, her father sold a mansion in Kensington Palace Gardens to steel magnate Lakshmi Mittal for £57 million, according to reports.

The estate has been shown since 2008 and was officially listed in March 2009. Aaron Spelling died in 2006.

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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