Spelling Manor for sale at $200 million

Start your engines. On the heels of the Playboy Mansion sale and Beverly House’s new $195-million listing, one of Los Angeles County’s biggest homes is gearing up for a run at a nine-figure sale.

The Manor, the former Candy and Aaron Spelling estate, is listing in the Westside neighborhood of Holmby Hills for $200 million — a price that puts it among the most expensive homes for sale in the United States. Rick Hilton and David Kramer of Hilton & Hyland, an affiliate of Christie’s International Real Estate, hold the listing.

Current owner Petra Stunt, the daughter of Formula One billionaire Bernie Ecclestone, bought the Manor from Candy Spelling five years ago for $85 million in an all-cash deal. Though the estate was previously shopped privately two years ago at an asking price $150 million, the bar has been set even higher in the wake of several landmark sales.

After a slow start to the season, L.A.’s high-end sector has taken off in recent months, propelled by the $100-million sale of the Playboy Mansion to Daren Metropoulos and the $90-million deal for storied Owlwood, the Westside estate that was once home to Sonny Bono and Cher.

Including Beverly House, which is offered privately at $195 million, there are three homes for sale at $135 million or more. At least a dozen L.A. County homes are listed for $42 million or more.

Of the upper crust, the Manor is without question the largest of the bunch. Dubbed Candyland after former owner Spelling, the Manor measures 56,500 square feet, or about 1,500 square feet larger than the White House, with 14 bedrooms and 27 bathrooms.

An estimated 123 rooms were customized for specific purposes by the Spellings during their ownership. Among them is a flower-cutting room, a humidity-controlled silver storage room, a barbershop and multiple gift-wrapping rooms. The basement bowling alley, which has its own shoe closet, was a favorite of late TV producer Aaron Spelling.

Stunt, who is married to English billionaire James Stunt, has updated the mansion during her ownership, opting for more contemporary interiors. Among her additions were a lounge/entry lined in black-striped marble, a large aquarium in the study and a nightclub makeover in the basement level.

A room that formerly housed Candy Spelling’s doll collection now serves as a hair salon and massage parlor.

Outdoors, a tennis court, a koi pond, gardens, a citrus orchard and a swimming pool with a pool house lie within landscaped grounds of 4.7 acres. More than 100 vehicles can be accommodated in the motor court and 16 carports.

A separate service wing houses five maid’s bedrooms and two butler’s suites.

SOURCE: http://www.latimes.com/business/realestate/hot-property/la-fi-hotprop-manor-holmby-hills-for-sale-200-million-20161004-snap-story.html

This entry was posted in Uncategorized. Bookmark the permalink.