TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

Spelling Mansion

The Price is Right

at $85 Mil

6/14/2011 5:15 PM PDT BY TMZ STAFF

Well, Candy Spelling didn't get what she was asking for, but the sale of her L.A. mansion should be enough to tide her over until around 2060.

0614_candy_spelling_house_money_ex
Sources connected with the sale of the 57,000 square foot, Holmby Hills estate tell TMZ ... 22-year-old Petra Ecclestone is plunking down $85 million for her new digs.  Candy was asking $150 mil, but in the L.A. real estate market that price was a dream.

One of our sources calls it "a fair price," adding Candy will be getting more than $1,000 a square foot -- not a bad deal.

We're told the escrow period is somewhere between 30 and 60 days.   Since Petra's dad, Formula One mogul Bernie Ecclestone, is worth $4 billion ... finding the cash shouldn't be a problem.

41 COMMENTS

No Avatar
16.

nof    

"You don't agree with me - therefore you don't exist."

1192 days ago
17.

Fozzie    

i'm sure Tori is crying into her empty bank account since she won't see dime one of it.

1192 days ago
18.

itzelshunt    

why cant she waste it on something use full =_=

1192 days ago
19.

nof    

For the last time -- this isn't happening -

Take this down -

By the way, would like to see Harvey play Gotti in the new Travolta movie -

Harvey makes Gotti look like a wallflower -

1192 days ago
20.

Cujeaux    

Nobody deserves a house like this. At least Tori had the sense to break ties with this disgusting woman.

1192 days ago
21.

peter    

you guys do not understand ...before the housing market tanked...the 150 million was the correct . people have lost 40% off the value of their homes across the board. so if take 150 million and subtract 40 percent ...the value goes down 60 million...and the actual price on the real estate is 90 million... so 85 million is a fair price in this real estate market.

1192 days ago
22.

Bob    

Of course the question that begs to be asked - How much in taxes do these two women contribute to the great state of Californicator and the US Treasury? No where near their "fair share" I'm sure!

1192 days ago
23.

media4u    

Here is a sneak peek of the World's most expensive homes which includes The Spelling Manner : http://youtu.be/KJgNQ82RhXM

1192 days ago
24.

media4u    

Check out this video of the World most expensive homes The Spelling house is in it:
http://youtu.be/KJgNQ82RhXM

1192 days ago
25.

Muppet    

Why do people care so much how others spend their money?
Second point, why would Tori expect anything at all? It's her Dad and Mom's house NOT hers. It was left to her mother, if she wants to sell it that's her business. Children are NOT entitled to what their parents earn. Deal with it!

1192 days ago
26.

Curious    

Candy Spelling is saying:

Damn..if I sold my house last year...all this money would of been tax free!

ooh well....

1192 days ago
27.

bring back recent posts    

...wow...what a bargain..wonder how much it cost to build and the value of the property its on???????????

1192 days ago
28.

Sandra     

Never liked Candy but she has more money for plastic surgery!!!

1192 days ago
29.

Shane D.    

Just was watching Entertainment Tonight, and they were saying that this girl already has a $90Million dollar mansion in England that she renovated and put an underground garage, etc..

Her sister is really beautiful and spoiled too.

1192 days ago
30.

sara    

Disgusting for a 22 year old or anybody for that matter to spend such a ridiculous amount of money on a very tacky house.

Glad Daddy can buy you a big house. Why don't you actually do some good with your money? $85 million could change millions of lives. Grow up, little girl.

1192 days ago
Previous 15 Comments | 1 | 2 | 3 | Most Recent | Next 15 Comments

Around The Web