Tag Archives: Candy Spelling
Spelling Manor Sells & The Palomar Rises: Who Says The Kids Aren’t Buying Real Estate?
Who says the kids aren’t buying real estate? Candy Spelling closed on Spelling Manor, the most expensive real estate transaction in southern California and probably the U.S., the buyer rumored to be Petra Ecclestone, heiress to the Formula One racing empire and daughter of British billionaire Bernie Ecclestone. Petra is all of 22 years old, by the way. The 56,500-square foot mansion sold for $85 million, according to the Wall Street Journal, which is a 43% discount off the $150 million original asking price.
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