Ownership and Current Status of Spelling Manor
Petra Ecclestone, daughter of Formula One executive Bernie Ecclestone, purchased the Spelling Manor in Los Angeles for 85 million dollars in 2011. The estate, originally built by television producer Aaron Spelling, remains her primary residence and a central part of her portfolio of luxury properties. Ecclestone has managed the property through a series of private holding entities, maintaining a low public profile while overseeing significant structural and landscape upgrades. The property is not publicly traded, and ownership records are held through limited liability companies registered in California, with financial details disclosed primarily through real estate transaction filings and SEC documents when applicable SEC filings.
The Spelling Manor, located at 5942 Angelo Drive in the Holmby Hills neighborhood, is recognized as one of the largest single-family homes in Los Angeles by total living area. Public records and property listings consistently cite the estate at approximately 56,500 square feet of finished space, with 123 rooms spread across multiple floors and outbuildings. The property includes a tennis court, a bowling alley, a gift-wrapping room, and extensive gardens, making it a landmark of luxury residential architecture. Ecclestone has not listed the property for sale in recent years, and no public offers have been recorded in major real estate databases or brokerage platforms.
Renovation History and Property Valuation
Ecclestone undertook a major renovation of the Spelling Manor following her 2011 purchase, with reported spending exceeding 100 million dollars on interior redesign, structural repairs, and landscape restoration. The project involved high-end architects and contractors, and work included updating the kitchen, master suite, and entertainment spaces while preserving the original mid-century exterior. The renovation timeline extended over several years, and the property has been described in real estate reports as fully restored to modern standards while retaining its historic character Forbes luxury real estate coverage.
Valuation estimates for the Spelling Manor have varied over time, with recent real estate analytics and comparable sales in the Holmby Hills area placing the property value in the range of 150 million to 200 million dollars. These figures depend on current market conditions, square footage calculations, and the unique features of the estate, including its size, location, and renovation quality. Ecclestone has not publicly disclosed a current appraisal, and no recent transaction has occurred to establish a definitive market price. The property remains among the most valuable residential assets in the Los Angeles metro area Redfin property data.
Petra Ecclestone Background and Business Interests
Petra Ecclestone, born in 1988, is a British-born businesswoman and the youngest daughter of Bernie Ecclestone, the former chief executive of Formula One Group. Her wealth is primarily derived from a family trust that holds a substantial stake in the Formula One business, which was taken private in a leveraged buyout in 2017. Ecclestone has focused on real estate, interior design, and personal investments rather than public company roles, and she has managed the Spelling Manor as a private residence and asset Bloomberg profile.
The Spelling Manor is part of a broader portfolio of luxury properties that Ecclestone has acquired in the United States and the United Kingdom. Her investment strategy has emphasized privacy, long-term holding, and high-quality restoration, with the Los Angeles estate serving as a flagship asset. Public records show no recent sales or financing events involving the property, and Ecclestone has not announced plans to develop or subdivide the estate. The property continues to be cited in