Record prices spark July fireworks
The $119.75-million sale of the Manor in Holmby Hills and a $75-million deal in Bel-Air top transactions.
Los Angeles County saw more than just fireworks in July. Atop the priciest residential sales recorded last month was the Manor in Holmby Hills, which set a California record. Also trading hands was a $75-million showplace in BelAir and a prime parcel on “Billionaire’s Row” that sold for $30 million to an entertainment mogul. Here’s a closer look.
$119.75 million — Holmby Hills
On South Mapleton Drive, Formula One heiress Petra Ecclestone set an L.A. County and California price record with the sale of the 56,500-square-foot mega-mansion known as the Manor.
The mammoth transaction tops the previous L.A. County record established last year of $110 million. It also bests California’s high-water mark of $117.5 million, which was set in 2013 with the sale of an estate in the Woodside community of Silicon Valley.
Originally built for producer Aaron Spelling and his widow, Candy Spelling, the mansion sits on a 4.7-acre parcel where crooner Bing Crosby once had a home.
Entered through an immense foyer, the residence has 123 rooms, including 14 bedrooms and 27 bathrooms. Features include a hair salon and massage parlor, a nightclub with a custom aquarium and a tanning room. A one-lane bowling alley lies in the basement level.
Outdoors, the manicured grounds are filled with rose gardens, orchards, statuaries, fountains and koi ponds. A swimming pool, spa and tennis court also lie on the property.
Ecclestone bought the estate from Candy Spelling eight years ago for $85 million. She now resides in Brentwood.
The listing was held by a trio of brokerages: Kurt Rappaport and Daniel Dill of Westside Estate Agency, Jade Mills of Coldwell Banker Residential Brokerage and David Parnes and James Harris of the Agency. Jeff Hyland of Hilton &