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Candy Spelling's Mansion

CLOSED

7/14/2011 2:15 PM PDT BY TMZ STAFF

It's official ... 22-year-old Petra Ecclestone is now the rightful owner of Candy Spelling's 57,000 square foot mansion in Holmby Hills after the escrow period finally ended today.

0714_candy_mansion
Ecclestone (right) -- daughter of Formula 1 racing mogul Bernie Ecclestone -- bought the estate for a cool $85 mil ... a STEAL considering Candy originally wanted $150 mil for the place. 

The estate has a bowling alley, beauty salon, several gift-wrapping rooms and parking for 100 cars.

Don't feel too bad for Candy -- she bought 2 penthouse units in a nearby condo complex in Century City for $35 mil ... and plans to move in sometime next year ... after some intense renovations.

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