The sale is not yet on the public record, but sources told the Los Angeles Times that the transaction was “a done deal.”
The seller is Formula One racing heiress Petra Ecclestone, who bought The Manor from Candy Spelling in 2011, paying $85 million in cash. She gave the home a flashy makeover, adding a nightclub in the basement and tanks for exotic fish.
Spelling and her husband, the late TV producer Aaron Spelling, had the 56,500-square-foot, 4.7-acre estate built in the 1980s, at the apex of Spelling’s lucrative career producing shows like Dynasty and The Love Boat.
During the Spelling years, the 14-bedroom, 27-bathroom mansion famously held a room for Candy’s doll collection, a hair salon, a bowling alley, and a room specifically for cutting flowers.
Holmby Hills is one of LA’s most expensive neighborhoods, and is no stranger to record-breaking sales. The Playboy Mansion—a former record holder—is close by. The infamous mansion sold for $100 million in 2016. That same year, a Holmby Hills spec house sold to Detroit Pistons owner Tom Gores, also for $100 million.