Candy Spelling has officially, and finally, sold her beloved Candyland mansion. The 56,500 square-foot, Holmby Hills home includes 27 baths -- not including the one that Spelling took on the sale.The Los Angeles Times reports that Spelling, the widow of TV producer Aaron Spelling and mother of actress/authoress Tori Spelling, has sold the 4.7-acre estate to 22-year-old, British racing Formula 1 racing heiress Petra Ecclestone, after it sat on the market for a little over two years.
And it appears that Spelling is among the victims of the current depressed housing market; while Candy had been asking $150 million for the home, which was built in 1991, Ecclestone picked it up for a mere $85 million cash -- just over half of what Spelling had been seeking.
Still a princely sum, but Ecclestone -- who's marrying entrepreneur James Stunt next month and plans to use Candyland as a part-time residence -- is getting a lot for her (or rather, her father's) money: The mansion has an estimated 123 rooms, including 14 bedrooms, several gift-wrapping rooms, and an on-site beauty salon. Oh, and there's also a bowling alley, a 17,000-square-foot attic, and a flower-cutting room.
The property includes parking for more than 100 vehicles, which Ecclestone -- the daughter of Formula 1 billionaire Bernie Ecclestone and former Armani model Slavica -- will presumably fill with race cars.Spelling, meanwhile, will be moving into a more modest, 15,555 square-foot condo in Century City, which she picked up for $35 million -- less than the $47 million that she originally agreed to pay for it in 2008.
Candy�s first published work was 1957�s �How I Gave My Father An Ulcer,� a letter to her father apologizing if food she made using the Betty Crocker junior baking set he bought her gave him an ulcer. Her parents thought the letter was worthy of publication, and submitted it to the local Los Angeles newspaper. It ran, and readers were glad to learn that Candy�s father did not have an ulcer. Happily, she continued baking and went on to excel with a clear conscience as a Home Ec major in junior and senior high school.
Life and career
Spelling was born Carole Gene Marer in Beverly Hills, California, the daughter of Augusta Gene (n�e Rosen) and Merritt Marer.In 1963 Candy graduated from Beverly Hills High School. In 1968, Candy Spelling (Carole Gene Marer) married producer/writer Aaron Spelling. Together they had two children, Victoria Davey Spelling and Randall Gene Spelling, both of whom became actors as teenagers, as Tori Spelling and Randy Spelling. They appeared in several of Aaron�s productions, most notably in Beverly Hills, 90210.
Together with her late husband Aaron Spelling they built a mansion in Holmby Hills, called Spelling Manor with an estimated 123 rooms, 56,500 square feet (5,250 m2) on 4.7 acres (19,000 m2) land, and is said to be the largest home in Los Angeles County. In 2008 she reportedly According to her lawyer paid $47 million for a two-story condo atop a Century City residential tower that was still under construction in July 2008. Her lawyer said Spelling was moving in order to downscale her living space after her husband's death in 2006. In March 2009, she put Spelling Manor up for sale. The asking price was $150 million, the most expensive residential listing in the U.S. at the time. In July 2011, Spelling Manor was reportedly sold to Petra Ecclestone for $85 million.
She is currently a member of the Los Angeles Coliseum Commission, a Commissioner for the Department of Recreation and Parks (for the City of Los Angeles), and a member of the board of L.A.�s Best, the Mayor's group that provides reading programs to schools in L.A. She is a regular columnist for The Huffington Post, Los Angeles Confidential magazine, and TMZ.com (Spelling It Out). Her autobiography, Stories from Candyland, was released in March 2009. The book hit the NY TIMES bestseller list two weeks after publication. It was also the #1 book at L.A.'s Book Soup.
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