This week in celebrity real estate: Spelling Manor gets price chop, Ron Burkle buys home in Toluca Lake… and more

Petra Ecclestone Stunt and the Spelling mansion, Ron Burkle and the home (Credit: Wikipedia Commons, Getty, EGP Imaging)
Petra Ecclestone Stunt and the Spelling mansion, Ron Burkle and the home (Credit: Wikipedia Commons, Getty, EGP Imaging)

The Manor in Holmby Hills returned to the listing services this week, looking $25 million slimmer. Petra Ecclestone, the British heiress and socialite, sliced the price of the 123-room estate to $175 million, nearly two years after it first hit the market at $200 million. Built by the late Aaron Spelling, the TV producer, the 56,000-square-foot French chateau-style compound has seven bedrooms, a two-lane bowling alley, tanning rooms, two-level closet and 100-car parking lot. Ecclestone purchased it in 2011 for $85 million. She then deployed a small army of 500 workers to extensively renovate the estate to her liking. A deep-pocketed buyer can turn to David Kramer and Rick Hilton of Hilton & Hyland to make an offer.

On a smaller scale, Ron Burkle, co-founder of investment firm Yucaipa, purchased the home of the late Bob Hope for $15 million. Spanning about 15,000 square feet, the historic home in Toluca Lake has six bedrooms, a two-bedroom guest house, an office, indoor swimming pool and golf hole, the Wall Street Journal reported. It was built in 1939 by the late comedian, and most recently listed for $22 million. Burkle plans on restoring the residence, and building up to six homes around it on the 5.5-acre lot. It was the second property Burkle has bought from the Hope family. Craig Strong of Pacific Union International brokered the deal.

Sign Up for the undefined Newsletter

Over in Malibu, a home built by the late “Singin’ in the Rain” star Debbie Reynolds came on the market for $18 million. Barbara Marshall, widow of the late producer-director Garry Marshall, is selling the 3,200-square-foot beach pad, which is located in glitzy Carbon Beach. It has five bedrooms and four bathrooms, along with a swimming pool that faces the Pacific Ocean. Tony Mark and Russell Grether of Compass are representing Marshall.

Nearly a month after selling his Maui home for $4.8 million, Mike Kroeger, Nickelback’s bassist, dropped almost $4 million for a four-bedroom pad in the Hollywood Hills. The two-story residence has a studio-style guesthouse, swimming pool, outdoor dining deck and spa. The home dates to the mid-1930s, when silent screen star Bela Lugosi reportedly allowed a pet panther to roam the halls. Since then the roster of residents has included Diana Ross, Richard Gere, Nicolas Cage, Michelle Pfeiffer and Mel Gibson. It’s latest owner, Douglas Merrill, a tech entrepreneur and former Google exec, sold the home to Kroeger.