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Strong Luxury Home Market in Beverly Hills California

July 15, 2011

Candy Spelling, TV producer Aaron Spelling’s widow sold their Hollywood Hill mansion Thursday for $85 million.     The buyer is 22 year old Formula 1 heiress Petra Ecclestone.

The property was listed at $150 million and took two years to sell.

“The luxury residential real estate market in the Beverly Hills area is performing strongly,” Jeffrey Hyland said in a statement. “It stands among the global markets of Hong Kong, New York and London in enticing savvy buyers from all parts of the world.”

                                                          SOLD Spelling’s Hollywood Hill Mansion

One Comment leave one →
  1. kim permalink
    August 29, 2011 8:23 am

    So, Candy Spelling finally sold her Beverly Hills mansion. $85 million? a lot of money! I’m not sure but I’ve heard that a real estate agent named Michael Libow helped the widow of Spelling to sell the house. This property is absolutely amazing! Petra Ecclestone must be very happy with her purchase!

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