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From One Billionaire to Another: Formula 1 Heiress Buys Candy Spelling’s Mansion

by Marquette Turner Luxury Homes

in Money & Business, News & Views, Real Estate Radar, Rich & Famous, Variety

As die-hard Formula One fans and with our eyes lighting up at the site of multi-million dollar mansions, news that Candy Spelling’s massive 57000 square foot property has sold to Formula One heiress Petra Ecclestone, certainly got our attention.

The mansion sits on five acres in the exclusive Holmby Hills neighborhood (in the district of Westwood in western Los Angeles) and contains 14 bedrooms and 27 bathrooms. It contains rooms dedicated to such important activities as gift-wrapping and storing silverware, in addition to the standard amenities, such as wine cellar, bowling alley, screening room, library, and gym.

Petra, the 22-year old daughter of Formula 1 supremo Bernie Ecclestone, already has a £56 million home for in London “for her five dogs” (her words) and even if Candy Spelling’s property was purchased anywhere near the vicinity of the initial asking price of $150 million USD, it is still just a drop in the ocean when considering Petra’s net-worth.

Photos courtesy of Realtor.com.

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