Selling Mountains, Coast, Town & Country
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.