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Candy Spelling mansion sells for 43% below list price

House was on market for several years at $150M
Published on Jul 14, 2011

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by CareyBot

The sale of Candy Spelling's mansion -- on the market for several years at $150 million -- closed Thursday for what turned out to be a 43 percent discount.

British heiress Petra Ecclestone reportedly paid $85 million for the 57,000-square-foot mansion, built by Spelling's famed late husband, TV producer Aaron Spelling.

The Spelling mansion was marketed by a Beverly Hills affiliate of Christie's International Real Estate, Hilton & Hyland.

Listing broker Jeff Hyland, joking with the Los Angeles Times that the brokerage had no trouble prequalifying buyers, said that if they were not on a Forbes list of the most wealthy, "it was very easy to decline the showing."

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