Aaron Spelling's Former Los Angeles Mansion Listed for $165 Million

Table Of Content

• POOL ROOM
• Bob Bakish is ousted as CEO of Paramount Global as internal struggles explode into public view
• Wall Street rises to start a week full of earnings reports and a Fed meeting
• Inside a $38M Oceanside Mansion With A Private Beach
• Inside an $88M Bel Air Mansion with a Hidden Car Elevator
• Latest Galleries in Homes for Sale
• Inside The Fabulous ‘Vanderpump Villa’ Chateau with Lisa Vanderpump

"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."

POOL ROOM

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.

Bob Bakish is ousted as CEO of Paramount Global as internal struggles explode into public view

Ecclestone unloaded the opulent pad in 2019 to an anonymous Saudi Arabian buyer for $120 million, which set a record at the time for Los Angeles County. Only time will tell if the palatial spread is destined to make history once again. During her residency, Ecclestone oversaw sweeping renovations, updating interiors to suit modern tastes and adding a beauty salon, an aquarium and a nightclub. But building the most ostentatious mansion in the country doesn’t necessarily get you the type of recognition Spelling was likely going for.

Wall Street rises to start a week full of earnings reports and a Fed meeting

The now 30-year-old has engaged the services of some of LA’s top real estate brokers to reel in a buyer. The British heiress in turn made her own changes, converting a room that stored Ms Spelling’s doll collection into a hair salon and massage room. The last time the Spelling Manor changed hands was in 2019, when it sold to an undisclosed buyer for $119.75 million—the highest recorded residential sale ever for Los Angeles County at the time. A Midwestern boy at heart, he was raised in St. Louis and studied journalism at the University of Missouri. Before joining The Times as an intern in 2017, he wrote for the Columbia Missourian and Politico Europe. She made some big changes of her own, converting a room that Spelling used to store her doll collection into a hair salon and massage parlor.

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.

The Manor, an iconic L.A. mansion, seeks $165 million - Los Angeles Times

The Manor, an iconic L.A. mansion, seeks $165 million.

Posted: Mon, 14 Feb 2022 08:00:00 GMT [source]

Aaron didn't have a favorite among his shows, but Candy says they were both partial to the late-1960s hit The Mod Squad. "It was the first of his big successes and it was the beginning of us," says the former model, who met her husband at the famous nightclub The Daisy and married him in 1968. Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you. At the moment, five or six months’ supply of homes traditionally signals a healthy housing market. (Before the pandemic, the US average was between four and seven months.) The average for 2022 was just month and a half—a modest improvement from 2021, when the average was just a one-month supply. Sales have commenced at The Rockwell, a new 13-story condominium going up at Broadway and 103rd Street in Manhattan, just blocks from both Central Park and Riverside Park.

6 Facts You Must Know About the $200M Spelling Manor - Realtor.com News

6 Facts You Must Know About the $200M Spelling Manor.

Posted: Mon, 17 Oct 2016 07:00:00 GMT [source]

Latest Galleries in Homes for Sale

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.

The Holmby Hills property was relisted in February 2022 for a mind-boggling $165 million — with Jeff Hyland and Drew Fenton of Hilton & Hyland holding the listing at the time. The listing’s timing was overshadowed by the tragic passing of Jeff Hyland, the real estate titan that co-founded the luxury real estate brokerage Hilton & Hyland. In 2016, she decided to sell the property, and it was on and off the market for three years. The manor, as it has come to be known, was built for the Spelling family in 1991, and once held the title of L.A.

Inside The Fabulous ‘Vanderpump Villa’ Chateau with Lisa Vanderpump

"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).

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.

The Manor was built by legendary TV producer Aaron Spelling (best known for shows like Beverly Hills 90210, Dynasty, Melrose Place, and Sunset Beach) at the height of his career. It was later purchased by Petra Ecclestone, daughter of Formula One racing baron Bernie Ecclestone. She sold the property in 2019 for $120 million to an undisclosed buyer. Although Candy sold the home in 2011, while living there she made the place her own with plenty of eccentric touches, including rooms just for gift wrapping, flower cutting and a room dedicated to Candy's doll collection. Covering well over an acre of livable space, the home features 27 bathrooms and 14 bedrooms, including the 7,500-square-foot primary suite.

Named for iconic American artist Norman Rockwell, who was born on the same block in 1894, the 81-unit building will offer luxury amenities, like a 24-hour doorman lobby, a rooftop terrace, and a screening room. As to where the recently-divorced Ecclestone plans to settle next, she can always retreat to her second home in London. Seems a year prior to buying Spelling Manor, when she was just 21, she paid around $90 million for a historic four-story house in London’s posh Chelsea neighborhood. Want to bookmark your favourite articles and stories to read or reference later?

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.

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.

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.