‘The Manor’ in L.A. Available for $155M, Down From $165M

‘The Manor’ in L.A. Available for $155M, Down From $165M

Published: January 19, 2023 | By: American Luxury Staff

Petra Ecclestone, the British auto racing heiress who last owned legendary L.A. trophy-estate-of-trophy-estates Spelling Manor, began her marketing run in 2016 with an asking price of $200 million. When a buyer finally came along in 2019 — said buyer initially believed to be Canadian businessman Daryl Katz, but later reported to be an anonymous Saudi national — the famously overblown mansion closed at less than $120 million.

The mighty property is back on the market early this year with an asking price of $155 million; the current price reflects a discount over the initial listing of $165 million.

There is no guest house on the estate. That’s alright, because the Manor, as it is affectionately known, features 56,500 sq. ft. of interior living area; at least fourteen bedrooms and twenty-two baths can be found on a tour of the house. Specialty rooms abound. Apart from a beauty salon, a barbershop, a bowling alley, a nightclub, and a Cineplex theater, the mansion is also outfitted with a staff wing and a special section for closet space. Originally, it was even designed with a dedicated room for present-wrapping.

The house sits on 4.6 acres’ worth of grounds. Lawns, mature trees, a hedge garden, a koi pond, a large pool and a tennis court are featured exterior amenities, with a summer kitchen present and accounted for when de rigueur outdoor entertaining is in season.

3205 January 19, 2023 Real Estate January 19, 2023