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Bernie Ecclestone's daughter buys pricey house in Los Angeles

Tue, 14 Jun 2011 00:00:00 -0700

After nearly three years, Candy Spelling has finally found a buyer for her Los Angeles mansion (which some would call a castle)--the daughter of Formula One commercial boss Bernie Ecclestone.

Petra Ecclestone, 22, will be the new owner of the 57,000-square-foot home in Holmby Hills, according to the Wall Street Journal.

Spelling was asking $150 million for the joint, which puts it among the most expensive homes in the country, according to the newspaper. No one is saying how much Petra Ecclestone is paying.

The new owner will be splitting her time between London and Los Angeles after her wedding, set for August, with entrepreneur James Stunt.

Petra Ecclestone also has a six-story house in London's Chelsea neighborhood, the newspaper said, for which she paid the dollar equivalent of $90.9 million.

The Spelling home is situated on five acres. It includes parking for 100 cars, a bowling alley, a beauty salon and several rooms designated for gift wrapping. It was easily the largest house in Los Angeles when it was built.

The home's double staircase was inspired by the movie Gone With the Wind. There also is a flower-cutting room; a china room; a suite named after Prince Charles, who visited once, and a library, which Spelling used to bind her husband's scripts.

TV and film producer Aaron Spelling, who died in 2006, made his fortune with shows such as Beverly Hills 90210, Mod Squad and Melrose Place. He and his wife bought the property in the 1980s, tore down the existing estate and built the French chateau-styled mansion in 1991.

Candy Spelling had said she wanted to downsize. She closed on a 15,555-square-foot condo in nearby Century City, Calif., in December for $35 million.

By Michelle Koueiter