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Sitting on 4.7 acres, it includes a swimming pool, tennis court, bowling alley, barber shop, and an infamous gift wrapping room. A full-time staff is nearly required to tend to all the land, which is why there's also a separate service wing that has five maid's bedrooms and two butler's bedrooms. Weighing in at more than 56,000 square feet, the French chateau-inspired estate was originally built for late TV producer Aaron Spelling and his widow, Candy Spelling.
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How Tori Spelling went from a $245m mansion to living in a trailer park - New Zealand Herald
How Tori Spelling went from a $245m mansion to living in a trailer park.
Posted: Mon, 07 Aug 2023 07:00:00 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.
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Beyoncé and Jay-Z were reportedly eyeing the home while house hunting in Los Angeles in 2017. The star-worthy property boasts a wine cellar, temperature-controlled silver storage room, backyard tennis courts and a swimming pool. However, the power couple reportedly did not want to spend over $100 million on their new mansion, and bought an $88 million abode in Bel Air later that year. What's bigger than a football field, smaller than Hearst Castle, has a bowling alley and an entire floor of closets, and is making some people very annoyed?
Model residence
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?
Other points of interest include a French-door solarium, a formal dining room and a grand foyer featuring a 30-foot ceiling, as well as a game room, a bowling alley and a tanning room. Prior to the record sale in 2019, the home was owned by Formula One heiress Petra Ecclestone, who had paid $85 million for the place in an all-cash deal. Still, the $165-million sticker price ranks as one of the highest in the country for a single-family residence. The property was relisted in 2022 for a staggering $165 million, but the price has since been reduced to $155 million at the beginning of 2023. The price point makes it the most expensive home for sale in all of Los Angeles.
A team of landscapers tends to grounds featuring rose gardens, citrus orchards and acres of lawn. In addition, the home’s many fountains, the statuary, koi ponds, swimming pool and sports courts all require regular maintenance. In an interview with Forbes last year, Ecclestone’s partner, real estate agent and lifestyle entrepreneur Sam Palmer, revealed that the 123-room, W-shaped mansion requires a staff of 50 people to keep the estate in working order.
POOL ROOM
An enormous screen rises from the floor in the room where family and friends gathered to watch late husband Aaron Spelling's shows and first-run movies. "I had no idea what it would take to engineer that screen," says Spelling. "No one advised me on the costs. They just said 'yes.' And then we'd get the bill." To furnish the home, Spelling shopped everywhere from Europe to eBay, which she says is "too expensive now." The property borders the Los Angeles Country Club and is also located near several other well-known estates, including the Playboy Mansion and the Gregory Peck Estate, Mansion Global reported in 2019.
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That number was smashed only months later, and again two years ago when Jeff Bezos bought David Geffen’s Beverly Hills mansion for $165 million. After Spelling’s death in 2006, his widow, Candy, sold the house to Formula One racing heiress Petra Ecclestone in 2011 for $85 million. Ecclestone added aquariums and a basement nightclub before unloading it on an unnamed Saudi Arabian buyer in 2019 for nearly $120 million.
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At the time, it was the most expensive residential sale in LA County history. It has since been displaced by The One, a 100,000-square-foot Bel Air estate that sold at auction last year for $126 million. Carolwood’s Drew Fenton, who also sold the nearby Playboy Mansion, represents the property.
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.
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.
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.
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