Petra Ecclestone chops another $15M off Spelling Manor

Los Angeles /
Apr.April 07, 2019 09:42 AM
Petra Ecclestone and Spelling Manor (Credit: Getty, Realtor.com)

Looks like no one is racing to buy the home of Formula One heiress, Petra Ecclestone.

The daughter of billionaire Bernie Ecclestone has re-listed her 56,500-square-foot mansion, known as Spelling Manor, for $160 million, Forbes reported.

She originally listed the home in 2016 for $200 million, and later dropped its ask to $175 million last summer.

Built by the late television producer Aaron Spelling, the French chateau-style compound in Holmby Hills has seven bedrooms, a two-lane bowling alley, tanning rooms, two-level closet and 123 rooms in total.

Ecclestone purchased the property from Candy Spelling, Spelling’s widow, in 2011 for $85 million, property records show. She then hired some 500 workers to renovate the iconic property.

Jade Mills of Coldwell Banker Global Luxury, Kurt Rappaport of Westside Estate Agency and the Agency’s David Parnes and James Harris now have the listing.

The discounted home is one of many luxury properties lingering on the market. Last year, developer Bruce Makowsky dropped the price on his “Billionaire” pad from $250 million to $188 million. [Forbes] – Natalie Hoberman


Related Articles

arrow_forward_ios
Avril Lavigne and 6453 Guernsey Avenue (Getty, Realtor)

Avril Lavigne buys Malibu home Scott Gillen rebuilt

Avril Lavigne buys Malibu home Scott Gillen rebuilt
Bret Michaels and the city of Calabasas (Getty)

Something to believe in: Poison’s Bret Michaels returns to Calabasas

Something to believe in: Poison’s Bret Michaels returns to Calabasas
600 The Strand and Cindy Robinson Mullen (Realtor, Tim & Cindy)

Helicopter heiress lists Hermosa Beach home for $23M

Helicopter heiress lists Hermosa Beach home for $23M
Mookie Betts (Credit: Ralph Freso/Getty Images, and Vimeo via Dirt.com)

Mookie Betts follows World Series win with Encino home buy

Mookie Betts follows World Series win with Encino home buy
Khloé Kardashian (Credit: Rodin Eckenroth via Getty Images)

Khloe Kardashian offloads Calabasas manse for record price

Khloe Kardashian offloads Calabasas manse for record price
Justin Bieber and Hailey Baldwin with 1710 Tropical Avenue (Getty, Redfin)

Bieber and Baldwin list Beverly Hills home

Bieber and Baldwin list Beverly Hills home
Kris Jenner and Khloe Kardashian both bought homes in the Hidden Hills (Getty)

Kris Jenner and Khloe Kardashian buy mansions on land once owned by Woodbridge Group

Kris Jenner and Khloe Kardashian buy mansions on land once owned by Woodbridge Group
Eva Chow and 133 S Mapleton Drive (Getty, Realtor)

Eva Chow’s supersized Holmby Hills mansion gets another price cut

Eva Chow’s supersized Holmby Hills mansion gets another price cut
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...