Aaron Spelling's 57,000-square foot Los Angeles mansion, the highest-priced home in the United States is reportedly being sold to a 22-year-old Formula One heiress.
The home, which was known as "The Manor," had a listing price of $150 million and has been on the market since 2009, according to the Wall Street Journal. The final purchase amount has yet to be reported. See photos of the property.
The buyer is Petra Ecclestone, the daughter of Formula One president and CEO Bernie Ecclestone. She is a fashion designer who launched the now defunct menswear label FORM in 2008. Petra and her sister Tamara (pictured above) were born to Ecclestone and Croatian model Slavica Radic, who is 28-years younger and 11.5 inches taller than the Formula One billionaire. The couple divorced in 2009.
Petra also owns a six-story home in London's Chelsea district, which was purchased for a reported $90.9 million. The heiress is engaged to businessman James Stunt and plans to split her time between London and Los Angeles leading up to their August wedding.
Candy Spelling, who owned the property had no immediate comment on the sale. In December 2010, she announced plans to downsize and sold a 15,555-square-foot condominium in Century City for $35 million.
Aaron Spelling, who died in 2006 at age 83, produced TV shows like "Mod Squad," "Charlie's Angels," "Dynasty," "Starsky and Hutch," "Beverly Hills, 90210" and "Melrose Place." His daughter Tori's appearance in "90210" launched her acting career.
Tori Spelling, who is pregnant with her third child, was in a car accident on June 13 while allegedly trying to get away from paparazzi. She currently stars in the reality series, "Tori & Dean: sTORIbook Weddings" with her husband Dean McDermott.
The Spellings bought the property in the 1980s and after tearing down the existing home, rebuilt the mansion in 1991. It was considered the largest residence in Los Angeles county by far at the time.