The Manor – Mansion – 1991 – California | | $150,000,000

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Listed in Summer 2010 the Manor have now sold for usd85million the buyer is Petra Ecclestone.The Manor sold at a 43% Discount.Petra could however act as a front for Lakshmi Mittal who is Bernie Ecclestone friend.Seller is Candy Spelling who inherited the Manor from her dad Aaron Spelling.
Ms. Spelling and her husband bought the property in the early 1980s and tore down the existing house to build the French chateau-style home in 1991. The home has a double staircase inspired by “Gone With the Wind.” It was considered the largest home in Los Angeles by far when it was built.

Petra Ecclestone also has a six-story house in London’s Chelsea neighborhood purchased for £56 million ($90.9 million), according to press reports. In 2004, her father sold a mansion in Kensington Palace Gardens to steel magnate Lakshmi Mittal for £57 million, according to reports.
The buyer, Petra Ecclestone, will be splitting her time between London and Los Angeles after her planned August wedding to entrepreneur James Stunt, according to a spokeswoman. Ms. Ecclestone’s father is the British billionaire and Formula One racing boss Bernie Ecclestone.

the sale would underscore the importance of foreign buyers in the U.S. real-estate market. Earlier this year, Russian investor Yuri Milner bought a Silicon Valley home for $100 million, the highest-known price paid for a single-family home in the U.S.

Russian composer Igor Krutoy and his wife, Olga, recently bought a condominium at New York’s Plaza for $48 million.

NINE months after the billionaire British heiress Petra Ecclestone set this city buzzing with her purchase of a 123-room estate for $85 million, the real estate community here is hoping the sale will help propel prices high enough to crack the elusive $100 million barrier.

Even in this town of fast fortunes and extravagant mansions, the record purchase price, for Candy Spelling’s Manor in Holmby Hills, by Ms. Ecclestone, the daughter of the Formula One chief executive Bernie Ecclestone, was a showstopper. Ms. Ecclestone was only 22 years old, after all, and already owned a 20,000-square-foot home in the London neighborhood of Chelsea valued at $87 million.

One interesting twist in the script is that the deal to buy the Manor from Ms. Spelling, the widow of the producer Aaron Spelling, would most likely not have been possible — especially in the mere 48 hours it took to finalize — without another prospective buyer’s negotiation on the home with Ms. Spelling nine months earlier.

In late 2010 Dmitry Rybolovlev, the Russian potash fertilizer billionaire, quietly made a visit to Los Angeles with his eldest daughter, Ekaterina. He made offers on at least two of the most famous mansions in Beverly Hills and Holmby Hills, including the Spelling manor, before deciding not to buy a home on the West Coast, at least for now, according to people familiar with their deliberations who declined to be named for confidentiality reasons.

Beverly house could be a  usd100million Property.

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