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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

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31.

THIN LIZZY    

I'd turn that place into a hotel.

1197 days ago
32.

John    

Poverty sucks!

1197 days ago
33.

joecrabs    

Who cares? Really, who can honestly say that their lives are better from reading about these twits? No matter how rich some woman is, she still took a grisly dump this morning, just like I did. Only my toilet handle wasn't gold plated. The turd was none the wiser.

1197 days ago
34.

coastcontact    

The home was featured in Los Angeles Times View Real Estate magazine August 22, 2009. It was referred to in the magazine as “The Manor.” Included is a picture of the main entrance hall that looks like the staircase and paneled den in Aaron Spelling’s “Dynasty.” The “Dynasty” house original is the Filoli House in Woodside, California. That location is about 25 mile south of San Francisco near Palo Alto. That house has served as the set for many Hollywood movies including Warren Beatty's outdoor scenes in “Heaven Can Wait.” That house is no longer a private estate and is open to the public. I rpedict someday “The Manor” will be open to the public.

1197 days ago
35.

Diane K    

i'm not even remotely interested in the real estate acquisitions of stars or their families...not to be rude. Just no interest and I think several people may agree.

1197 days ago
36.

kr    

she's trading down for an apartment worth 30m though? Doesn't seem like a good price.

1197 days ago
37.

Jackie    

Ok!....Hollywood show off way too much.

1197 days ago
38.

There's a problem here    

That place is just plain obscene.

1197 days ago
39.

Prongsley    

Nooz of da Jooz.
Isn't that fault line supposed to slip soon and drop Tel Aviv West into the ocean?
Let's GO,Geology. We're waiting.

1197 days ago
40.

OC born and raised    

Shame on you Candy Spelling,with a parent like you who needs enemies! I Hate the fact that you were made a parent. I love the fact that your kids see you for the rotten parent you have always been.

1197 days ago
41.

Gab    

After watching her on hgtv I got the impression there was lots of emptiness in her heart not even money could fill.
My husband said she is a selfish woman, she showed that in the show, give credit where it is due: Aaron may you Rest in Peace: you provided for her with your hard work.

1013 days ago
Previous 15 Comments | 1 | 2 | 3

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