×

Petra Ecclestone Stunt Not Secretly Selling After All?

Rumors ran rampant last year that Formula One Racing heiress Petra Ecclestone Stunt had allowed a number of high-profile brokers to secretly shop her gargantuan mansion in L.A.’s Holmby Hills ’hood at $150 million. Indeed, prominent broker Will Sellyerhouse swore he could show the super-sized spread at that price. Alas, in the interim, it seems Ecclestone Stunt may have shifted gears, because exceptionally well-connected tattletale Peter Propertyseller says word has begun to make its way down the Platinum Triangle real estate gossip grapevine that the twentysomething jet-setting mother of three actually turned down a Chinese media magnate and film producer who met her gasp-worthy price on the 4.5-acre estate.

Custom built in the early 1990s by Aaron and Candy Spelling, the immodestly proportioned 56,500-square-foot faux-chateau was purchased by Ecclestone Stunt in July 2011 for $85 million — in cash — and decoratively overhauled in just over two months at a reported cost of $20 million. The result, featured in W magazine, includes a foyer the size of a hotel lobby, with black-and-white striped marble floor and a basement worked over like the VIP room of a nightclub, with movie theater, bar and two-lane bowling alley. In the space that once housed Candy Spelling’s kinda-creepy doll museum is now a spa area with multiple hair and makeup stations and a couple of mani-pedi chairs. At around 7,000 square feet — nearly three times the size of the average American home — the master suite has dual bathrooms and a two-story dressing room fitted like an elite boutique.

The famously profligate heiress and her husband, James Stunt, also keep an equally grandiose and historic 14-bedroom mansion in London’s Chelsea neighborhood bought in early 2012 at a cost of around $87 million.

Popular on Variety

More Dirt

  • Paul Allen House Atherton

    Paul Allen's Major League Atherton Estate Lists at $41 Million

    Paul Allen died almost exactly one year ago, leaving behind a vast and complex estate that “could take years to unravel,” per an extensively researched Fortune article. Included among the Microsoft co-founder’s $26 billion worth of holdings were stakes in professional sports teams, two superyachts, a massive commercial real estate portfolio, several charity organizations, a [...]

  • Mike Shouhed House

    ‘Shahs of Sunset’ Star Mike Shouhed Leases Out Hollywood Hills Bachelor Pad

    Just as Bravo begins to tease the upcoming 8th season of the drama-fueled L.A.-based reality series “Shahs of Sunset,” one of the show’s original and current cast members, investor and entrepreneur Mike Shouhed, has hoisted his glammed-out bachelor pad in a coveted neighborhood in the foothills above Hollywood up for rent at $10,000 per month. [...]

  • Rob Durdek House Beverly Hills

    Rob Dyrdek Skates Into 90210 Mansion

    Guinness World Record-holding skateboarder-turned-entrepreneurial reality TV star Rob Dyrdek has come a long way since his middle-class upbringing in suburban Ohio. The star of MTV’s hit show “Ridiculousness” recently dumped $6 million on a substantial Los Angeles mansion in an exclusive enclave overflowing with other famous residents. Though a quick peek at records reveals the [...]

  • F. Gary Gray House Calabasas

    Filmmaker F. Gary Gray Quietly Buys Calabasas Villa

    Although the sale actually transpired several months ago, it’s only now that veteran music video director (“Waterfalls” by TLC, “Ms. Jackson” by Outkast, “It Was a Good Day” by Ice Cube) turned major-league blockbuster filmmaker (“Friday,” “The Italian Job,” “Straight Outta Compton,” “The Fate of the Furious”) F. Gary Gray’s stealthy acquisition of a large [...]

  • Mike Mussallem House Laguna Beach

    Mike Mussallem Drops $10 Million on Dreamy Laguna Beach Estate

    Most homes in Laguna Beach — arguably Orange County, Calif.’s most expensive and desirable seaside town — sit hard up on the street, on relatively tight lots with minuscule yard space. Not so this estate, recently sold for about $10.4 million. The commendably private property sits at the very end of a dead-end lane, tucked [...]

  • Bobby Murphy House Pacific Palisades

    Snapchat's Bobby Murphy Spends Big for Neighboring Home

    Though Snapchat founder and chief technology officer Bobby Murphy publicly plays second fiddle to his famously brash, supermodel-marrying co-founder Evan Spiegel, Murphy remains the social media network’s undisputed real estate king. Over the last few years, the 31-year-old tech tycoon — worth a reported $3.2 billion, per Forbes — has spent nearly $50 million on luxury [...]

  • Camille Grammar House Brentwood

    'Real Housewife' Camille Grammer Buys Brentwood Estate

    Though she lost one of her two multimillion dollar Malibu homes to the flames of last year’s devastating Woolsey Fire, “Real Housewives of Beverly Hills” alum Camille Grammer isn’t letting any pesky natural disasters slow her real estate roll. The cancer-surviving former Club MTV dancer, newly married to bigshot Los Angeles attorney David Meyer, has [...]

More From Our Brands

Access exclusive content